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© 2012 AFPJapanese megabanks rise in credit standings
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2012 AFP
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gyouza
So did Japanese institutions actually rise, or did all the others just fall?
nath
American banks are strong. I think this article is flawed.
viking68
I thought BoA was strong, but now it is in trouble like the rest. Given my misplaced confidence in BoA, I don't feel that comfortable with American banks.
By the way, is the article flawed or Fitch Ratings wrong?
1standgoal
Japanese mega banks are phenomenally well funded --Mitsubishi UFJ alone has over 1.6 trillion dollars in deposits. They are also making good profits on JGB -- over the dead bodies of all those doom sayers :D
http://www.economist.com/node/18233464