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FSA's Mori says banks don't need more public funds.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 3 Kyodo

Financial Services Agency (FSA) Commissioner Shoji Mori said Monday there is no need at present for the government to pump public funds into Japanese banks again to boost their capital.

Speaking to the House of Representatives Budget Committee, the top financial regulator said major Japanese banks could attain a capital-adequacy...

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