• SHARE

Japan’s biggest banks have a ¥4.6 trillion ($44 billion) problem: how to sell stakes in their most important clients without losing their business.

The lenders have offloaded trillions of yen in cross-shareholdings in the past decade under pressure from regulators and investors. Now they are down to a clutch of firms that are resistant to stake sales, according to interviews with more than half a dozen bank officials, who asked not to be identified because of the sensitivity of the discussions.

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

PHOTO GALLERY (CLICK TO ENLARGE)