Japanese Mega-Merger Heralds Shake-Up In Tokyo FX Market

FRONT PAGE

TOKYO--The long-awaited consolidation of the Japanese banking industry finally came into view earlier this month, with the announcement of a three-way merger deal that could create the largest bank in the world in asset terms--worth a little under $1.3 trillion dollars.

Officials in Tokyo claim the merger of Industrial Bank of Japan (IBJ), Fuji Bank and Dai-Ichi Kangyo Bank (DKB) will create "one of the top five global financial leaders"--a Japanese banking colossus to rival the likes of Deut

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: