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Crisis capital: US$100b shortfall at Japan banks

Big Three may have to issue new debt to meet target under proposed global rules

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Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group face an aggregate shortfall of 3.2-10.5 trillion yen (S$38-125 billion) that they would need to plug by selling debt

Tokyo

JAPAN'S three biggest banks may need to raise as much as about US$100 billion of capital that can be written down in a crisis to meet proposed global rules for lenders deemed too big to fail.

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial

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