Displaying posts tagged with

“massive capital”

Feb
22
2010

Japan’s Banks; short term memory loss

The latest IPO of Dai- Ichi Mutual Life Insurance has many investors trailing the list to buy a pie into it, but the investors must be aware that the offering are made by Japan’s banks.
The stakes of equity held by the top-three lenders spilled a $12 billion in the year ending March 2009 as the [...]