SVB collapse hits Japanese banks
#1

HONG KONG -- Recent turbulence in global markets has been hitting banks in Japan harder than those in China as investors punish lenders that have focused more on buying bonds than on making loans.

Japan's three leading lenders lost more than $20 billion in market value last week, while China's big four state-owned banks gained more than $30 billion in Hong Kong and Shanghai trading.

https://asia.nikkei.com/Spotlight/Market...inese-ones
Reply
#2

(22-03-2023, 08:57 AM)theold Wrote:  HONG KONG -- Recent turbulence in global markets has been hitting banks in Japan harder than those in China as investors punish lenders that have focused more on buying bonds than on making loans.

Japan's three leading lenders lost more than $20 billion in market value last week, while China's big four state-owned banks gained more than $30 billion in Hong Kong and Shanghai trading.

https://asia.nikkei.com/Spotlight/Market...inese-ones
Double down like game of poker, money is free. Big Grin reset   is good.
Reply
#3

It does mot end till the fat lady sings

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Reply
#4

Printing money is the cure lol
Reply
#5

The print money countries exploit their reserve currency status to sweep banking problems under carpet.

Europe has many zombie banks from the European crisis that are technically insolvent but kept alive.

Japan is the worse from the bubble economy of 1990s the zombie Bank problem nobody wanted to deal with then because so many.

Credit to China to mandate the 3 red lines to deal with real estate bubble and putting all the big banks like ICBC, BOC and CCB under tight govt regulation. Too many ordinary citizens have suffered from the effects of multiple bank excesses that resulted in collapse in US and UK...and these losses are socialised and paid for by tax payers.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Reply
#6

Rotfl  suddenly all the BANK shares RUNnnnnnnnn up.....
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)