That sinking feeling

Article Abstract:

Many observers believe that the Japanese Ministry of Finance is misguided in its efforts to ensure that no bank collapses. They feel that the Ministry of Finance should accept that not all banks can be saved. However, the Ministry of Finance has not heeded this advice, and has even relaxed its stance on accounting reforms, which were intended to mark the beginning of a more realistic view of banks' financial status. Foreign banks are seeking investment opportunities in South Korea and Thailand, but are less enthusiastic about Japan.

---

Opportunity knocks

Article Abstract:

Hongkong Bank is expanding in Japan, though many other banks are finding the Japanese market difficult. Hongkong Bank is using keiretsu and other traditional Japanese arrangements, and is finding staff easy to attract. The bank aims to follow Japanese companies investing abroad where they are more willing to use foreign banks. Hongkong Bank aims to become involved in treasury activities and capital markets as well as lending. A major growth area is supplying Asian paper for Japanese investors.

Foreign operations, Hongkong and Shanghai Banking Corporation Ltd.

---

Similar abstracts:

• Abstracts: China: problem of succession. Jiang visit offers opportunities. Jiang wants to be his own man: after years of biding his time, he is now asserting authority
• Abstracts: China's improving economy brings moribund stock markets back to life. Hopes lift China 'B' shares
• Abstracts: Century Hotel's staying power. Accor Asia sets unit to fund new hotels. Hong Kong hotel-management firm uses an owner-friendly approach
• Abstracts: Opportunity's cost. The honeymoon is over
• Abstracts: Minimax regret solution to linear programming problems with an interval objective function. An inner approximation method incorporating a branch and bound procedure for optimization over the weakly efficient set

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.