Japan based multinational financial service providing giant Mitsubishi UFJ Financial Group made an announcement earlier today revealing that the firm now has a new head of corporate sales. According to …
MUFJ Financial Group Subsidiary, Kabu Securities Reports Mixed Operational Metrics for February 2019
Tokyo-based online securities broker, Kabu and subsidiary of the financial giant Mitsubishi UFJ Financial Group has released its monthly operating figures for the month of February 2019. Overall, the figures reported were mixed in nature, following the trends of January 2019.
Mitsubishi UFJ Financial Group subsidiary, Kabu released its preliminary financial results for January 2019, reporting lowest monthly revenue in the last three years.
In terms of commission fees, the broker managed to rake in 461 million Yen ($4.61 million) in January 2019, the lowest monthly revenue generated since 2016. For the five-month period till January, the firm averaged 619.6 million yen ($5.61 million) in brokerage fee-based revenue.