• SHARE

Most of the 21 banks that have qualified for an injection of public funds, including the 17 approved by the Cabinet on March 17, plan to pay their executives 20 million yen or more a year.

The figures are part of the banks’ voluntary restructuring plans submitted to an in-house committee of the government-backed Deposit Insurance Corp. The documents were released to the press after the Cabinet granted its approval.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW