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Pressure grows on Japan banks to cut equity holdings

Their heavy exposure to share markets poses risks to their capital base, warns Financial Services Agency

Published Sun, Jul 5, 2015 · 09:50 PM

Tokyo

PRESSURE continues to mount on Japan's "megabanks" to unwind at least part of their vast web of cross-shareholdings in key Japanese business corporations - which also hold shares in the banks.

The country's Financial Services Agency (FSA) has added its voice to the call for reform of the structure.

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International

International

Pressure grows on Japan banks to cut equity holdings

International

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

WTO countries to reboot dispute reform negotiations

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