Back to Search Start Over

Japanese Lenders Get Ready to Cut the Cord.

Authors :
Allan, Gareth
Kawamoto, Shingo
Source :
Bloomberg Businessweek; 12/21/2015, Issue 4456, p38-39, 2p
Publication Year :
2015

Abstract

The article discusses the economic performance of banking industry in Japan. It mentions the plan of banking company Mitsubishi UFJ Financial Group Inc. to sell its cross-shareholdings, and lower its cross-shareholdings in the forthcoming years. It notes the plan of Sumitomo Mitsui Financial Group Inc. to reduce its ratio of stock holdings to common equity Tier 1 capital.

Details

Language :
English
ISSN :
00077135
Issue :
4456
Database :
Complementary Index
Journal :
Bloomberg Businessweek
Publication Type :
Periodical
Accession number :
111741579