Japan's biggest bank reports 58% profit tumble

Business Nov. 15, 2012 - 07:00AM JST ( 6 )

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semperfiNov. 15, 2012 - 08:15AM JST

Japanese still hold the highest savings in personal accounts in J banks in the world . . . . . .These figure's don't show the hidden assets which banks hold ------- which topple most countries.............................. Japan has huge money.
2

zichiNov. 15, 2012 - 08:37AM JST

The Post Office savings account in 2006 was ¥200 trillion. Recently the insurance section have been sending out letters to customers to claim their part of ¥10 billion claims not paid out.
0

titaniumdioxideNov. 15, 2012 - 10:27AM JST

@semperfi

don't show the hidden assets ..

yes! ￥￥￥￥￥￥ hidden under those tatami mats.
3

AKBfanNov. 15, 2012 - 10:43AM JST

Having piles of assets doesn't equate to making profit - Japan's assets are dead. mostly invested in zombie companies and JGB's (which are even more unproductive). Shame on a once great economy.
2

ScroteNov. 15, 2012 - 11:01AM JST

I wonder why this bank is gambling on the stock market instead of sticking to its core business? Why are they investing in Spanish electricity companies? Still, it will all be a drop in the ocean when their Japanese government bond holdings become worthless.
0

almxxNov. 15, 2012 - 05:05PM JST

If I made that little I would kill myself.