Can Japan’s megabanks ignore the devil’s whisper?

As their peers in Europe and the US struggle to adjust to the world post sub-prime, Japan’s megabanks find themselves in the glow of unaccustomed financial health. But how do they put their new-found advantage to best use? And can they ignore the demons that caused such huge mistakes in the past?

The CEOs speak out: Mitsubishi UFJ Financial Group

The CEOs speak out: Sumitomo Mitsui Financial Group

The CEOs speak out: Mizuho Corporate Bank

 
Teisuke Kitayama SMBC,
Terunobu Maeda Mizuho and
Nobuo Kuroyanagi MUFG

YASUMASA GOMI, CHAIRMAN and chief executive of Mitsubishi UFJ Securities, shares a laugh with colleague Tsutomu “Tom” Tanaka, a senior managing director graciously on translation duties for his boss, when Euromoney visits. They have a reason to be upbeat, despite the fact that the Japanese megabank they work for has once again missed out on the latest market fad by being too cautious.

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