Photographer: Kazuhiro Nogi/AFP via Getty Images

Bad Year for Japan Banks as $95 Billion of Value Vanishes: Chart

This year has been a tough one for investors in Japan’s biggest banks. What started with a global stock market rout in January was quickly followed by the central bank’s shock introduction of negative interest rates. Now, as risk-taking plummets following the Brexit vote, Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. have lost a combined 9.6 trillion yen ($95 billion) in market capitalization.

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