Rate Hikes Drive Japan Regional Banks Toward Mergers to Survive

Three decades after a bad debt crisis in Japan forced a wave of mergers that created its mega lenders, the focus now is on consolidation in the nation’s $3 trillion...

By Taiga Uranaka · Bloomberg Markets

Three decades after a bad debt crisis in Japan forced a wave of mergers that created its mega lenders, the focus now is on consolidation in the nation’s $3 trillion regional banking industry.