Still mired in the mud
Article Abstract:
The Japanese government is seeking to tackle the problems of the banking industry and 15 major banks of the 18 that remain are to apply for public loans. The banks still have to tackle their bad debt problems, and the rescue scheme tends to favor the banks. The banks may use the funds for writing down problem loans, and these could amount to $345 billion, according to ING Barings Securities' James Fiorillo. Banks' stockholders are unlikely to be punished, and the banks have little incentive to restructure through mergers, branch closures and the like.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Dead, or just resting?
Article Abstract:
The bad debt problems of Japanese banks are examined in detail, including the way that the banks manage and classify their loans, and reasons for the banks' behavior.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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Distress
Article Abstract:
Issues related to banking reform in Japan, and the likely impact of proposals are examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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