The game changes

Article Abstract:

Japan's banking industry is being forced to innovate since banks that do not adapt face loss of markets. Japanese banks have played a major role in project finance for Asia but they are hampered by Japanese regulations which separate securities functions from banking in Japan. Mergers between Japanese banks have not always been easy and the different cultures of the Bank of Tokyo and Mitsubishi Bank will take some time to meld. Japanese banks have to focus more on return on capital if they are to compete in the world market.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Banks (Finance)

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Waiting to happen: aiding Cosmo Credit keeps the lid on Japan's financial crisis for now. But fundamental problems fester beneath the surface, and Tokyo must eventually face the music

Article Abstract:

The early Aug 1995 run on Cosmo Credit Corp in Tokyo indicates public awareness of the dire straits of Japan's financial system. The Finance Ministry was able to avert a debacle, but many signs indicate a loss of faith in that institution, both among the public and among private banking officials. While experts say there are many ways to avert a deeper crisis caused by the bad loans banks made during the property-value bubble, the central government is presently weak, making strong, organized moves unlikely.

Finance, Financial institutions, Cosmo Credit Corp.

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Law of the profits

Article Abstract:

GE Capital Asia is involved in financial services in Asia and uses a niche strategy seeking to fill gaps such as buying equity stakes. The company aims to identify areas neglected by other financial companies. GE Capital's activities in China include offering consumer finance and credit cards. The company has also developed consumer finance activities in Japan despite an apparently unfavorable environment with bad debts increasing after the bubble economy collapsed.

Management, Financial services industry, GE Capital Asia

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