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Fed OKs request for Japan stake in Morgan Stanley

Tuesday 07th October, 06:35 AM JST

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3 Comments

  • tkoind2 at 09:04 AM JST - 7th October

    I am very worried about J-banks going after strong stakes in external banks. Don't they have enough of their own issues to deal with? And won't this increase risk to both the J consumer and economy?

  • TokyoVP at 08:08 PM JST - 7th October

    This is like Japan buying Pebble Beach and Rockefeller Center in the 1980s. The wrong investment at the wrong time. Does anybody believe there is a bright future for investment banking over the mid-term?

  • some14some at 11:48 PM JST - 7th October

    Fed will welcome any such move whether from Japanese Bank or non-Japanese, Fed just wants to get rid of bad assets.

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