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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
Add BT as a preferred sourcePublished 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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