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Shinsei offers new services

Article Abstract:

Shinsei Bank Ltd., a foreign-owned company, plans to offers customers joint accounts and other services not presently offered in Japan in order to attract customers.

Author: Dvorak, Phred
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Services introduction, Services, Shinsei Bank Ltd.

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Japanese banks' predicament reveals troubling parallels

Article Abstract:

Japan's banks are facing similar financial problems to ones endured during 1998 when the Japanese government had to bail out the banking industry with trillions of yen. Profit estimates for all major lenders are down with some losing money as write-offs for bad loans increase. Loss of confidence by Japanese depositors is likely to result in extreme consequences for the industry.

Author: Dvorak, Phred
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Market information - general

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Bank faces credibility gap: Asahi struggles to put its house in order

Article Abstract:

Asahi Bank Ltd.'s share price has fallen quickly in the past few months, prompting concern from Japanese investors and bank regulators. Confidence in the bank's ability to handle its loans is fading, despite an agreement with Daiwa Bank Ltd.

Author: Dvorak, Phred
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Financial assets, Asahi Bank Ltd.

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Subjects list: Banking industry, Commercial banks, Japan, Economic aspects, Finance
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