$Mitsubishi UFJ Financial Group (MUFG.US)$ The fact that the...

The fact that the Bank of Japan showed a hawkish stance more than expected was a positive surprise for bank stocks, but it fell above the Nikkei average

Needless to say, the decline in the US economy and early interest rate cuts in the US are negative, but if that's all, it's not enough to explain why bank stocks in the US and South Korea fell by more than 10% even though they fell 5-7% under the same conditions, and it probably ended up rising too much