Japan’s banks open lending taps
Relatively untroubled by sub-prime losses and well-endowed with deposits, Japan’s banks are still enthusiastic lenders. But the bulk of their advances are still domestic – sometimes to potentially shaky borrowers. Will they expand further in lending in international markets? Chris Wright reports.
International lending opportunities open up for Japan’s banks
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|Back to the 80s? Japanese banks top loan arrangers|
|Top 15 global bookrunners syndicated loans, Jan 1 to May 19 2009|
|Rank||Bookrunner||Value $mln||No. deals||% share|
|3||Bank of America Merrill Lynch||42,160.0||183||7.65|
|5||Sumitomo Mitsui Banking Corp||34,383.2||258||6.24|
|6||Mitsubishi UFJ Financial Group||30,366.4||301||5.51|
|11||Wells –Wachovia Securities||12,292.9|