business

Regulatory battle heats up over future of Japan's regional banks

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By Junko Fujita and Sumio Ito

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FTC are dinosaurs.  Keeping zombie banks alive.  In today's world the chance of any bank engaging in predatory rates on lending are nil.  Banks in Japan can't even give money away at the moment.  The Regional banking model is anyway a relic of a bygone era and should be allowed to die.

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I agree, Japan is over banked as well as having super low interest rates. Regional banks need to be let to consolidate. They also need to expand overseas if they want to survive.

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