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Fukuoka Financial Group Inc (8354.T)

8354.T on Tokyo Stock Exchange

603JPY
25 Apr 2018
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Ex-Japan competition official questions regional bank consolidation

TOKYO, Nov 24 A former top official at Japan's antitrust watchdog on Friday cast doubt on whether smaller banks should form large-scale mergers to survive, underscoring differences within the government on strengthening local lenders.

Japan’s smaller banks, desperate for new revenue, turn to dealmaking

TOKYO The grim outlook for Japan's smaller regional banks, who are suffering as Japan’s rural population shrinks rapidly, is prompting some to dive into a new, potentially lucrative line of business that until now was largely taboo: mergers and acquisitions.

DEALTALK-Japan’s smaller banks, desperate for new revenue, turn to dealmaking

* Many smaller regional banks losing money on lending business

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