Thinking big on Japan banks

Article Abstract:

Japanese Prime Minister Ryutaro Hashimoto is setting out broad reforms in the nation's financial sector which is to be patterned after the UK's 'Big Bang.' With the changes spread out over a five-year period, Hashimoto's 'Big Bang' will give banks, brokerage firms and insurance companies access to each other's markets. Japan's tax code will also be reviewed to lessen the tax burden on investors and relax rules on the nation's pension systems. These reforms are expected to constrict Japan's big financial firms while protecting smaller ones.

Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Economic policy, Hashimoto, Ryutaro

---

Bangkok reassures Japanese banks that plan is viable

Article Abstract:

Japanese banks are cautious of the Thai market but the Thai government has reassured the Japanese banking community that they have a viable plan of stabilizing the economy. Banks however, remain cautious as they are not sure how much protection they are to receive nor are they sure if the current goals would be met and maintain that additional loans would be considered on a case-to-case basis.

Public Finance Activities, Budget Process, Management, Economic aspects, Thailand, Budgeting, Monetary policy, Currency devaluation, Devaluation (Currency), Foreign loans

---

Fidelity steps further into Japan

Article Abstract:

Fidelity Investments Inc. has followed on its recent staff bolstering initiative by opening a representative office in Japan called Fidelity Brokerage Services Inc. The company also launched two new mutual funds in the Japanese financial market. These initiatives are aimed at bolstering the company's position in the market to capitalize on the government's deregulation campaign.

Investment Offices, Investment Companies, Foreign operations, Mutual funds, Fidelity Investments

Similar abstracts:

• Abstracts: The Thais that bind; Bangkok uses culture as a diplomatic tool. Family values: Thais seek better quality of life outside Bangkok
• Abstracts: The new twist in Japan. Japan's aged plotters. Japan's old gang comes back
• Abstracts: BIS rules backfired in efforts to make banks safer. Bond issue is facing snags. With Japan on the road toward reform, here are some thoughts on how to end the banking fiasco
• Abstracts: The fog is starting to thin. U.N. urges a new direction. Vietnam official protests from within
• Abstracts: Regent Pacific won't turn other cheek in quixotic feud: battle with Pioneer Industries over bangkok Bank continues, with shareholders losing hope

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