Japanese banks shares slid by the most in three years, rattled by the Bank of Japan’s decision to maintain its easy-money policy and concerns over the health of a US tech lender.
The Topix Banks Index tumbled 5.4%, the most since March 2020. Mitsubishi UFJ Financial Group Inc. fell 6.1%, also the most in three years. Peers Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. dropped about 5% each.
