Big Japan Banks To Set Up Y100 Billion Corporate Rehab Fund - Report
November 16 2010 - 6:50PM
Dow Jones News
Major Japanese banks are considering setting up an Y100 billion
fund to help rehabilitate firms that have fallen on hard times, the
Yomiuri Shimbun reported Wednesday.
Citing sources close to the matter, the paper said that the fund
would include such banks as Mitsubishi UFJ Financial Group Inc.
(8306.TO) and Sumitomo Mitsui Financial Group Inc. (8316.TO) as
well as Deutsche Bank AG (DB).
-Tokyo Bureau, Dow Jones Newswires; +81-3-6269-2770
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