Mitsubishi UFJ profits hit by negative rates

Japanese Mega Banks suffer profit loss due to Bank Of Japan's Negative Interest rate...There seems enough room for BOJ to reduce it further since these banks are still making profits.

Bad excuse. Japanese banks are among the worst run in the world.

It really never ceases to amaze me how many staff there are in the branches, how much paper seems to be shuffled around in the background and how long it takes to get the simplest things done at the counters.