The 270bn yen confirmed from within the Mitsubishigroup of companies will come from Mitsubishi Heavy Industries, Mitsubishi Corp, and MitsubishiTokyoFinancialGroup.
BBC: NEWS | Business | Mitsubishi seeks $5.2bn bail out
2.
It is to buy the megabanks, particularly MitsubishiTokyo UFJ FinancialGroup (NYSE: MTU).
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3.
Financials also bounced after losses earlier in the week, with Nomura Holdings rising 4.7% and Mitsubishi UFJ FinancialGroup rising 2.7% in Tokyo, Commonwealth Bank of Australia gaining 0.8% and Chinatrust Financial Holding climbing 2.4% in Taipei.