Japan Post Bank reports $9.3bn unrealized losses on securities; actual losses likely larger.

Sharing is Caring!

Japan Post Bank recently released a notice concerning unrealized losses on securities for the three months ended June 30, 202412. The bank reported approximately $9.3 billion in unrealized losses. This significant figure has raised concerns about the overall financial health of the institution.

See also  Soaring Japan 10-year yield will break the market; so few people realized that yet.

See also  The list of economic problems facing both the Euro area and the EU is getting larger

Sources:
https://www.jp-bank.japanpost.jp/en/ir/press/2024/en_ir_prs_000130.html

https://www.jp-bank.japanpost.jp/en/ir/press/2024/pdf/pr240726.pdf


146 views