News Headline Summary

Japan may expand banks required to have more capital, according to Nikkei

Update details:

- Major trust banks, including Sumitomo Mitsui Trust and Norinchukin, would be added to the list of Japanese banks required to maintain higher levels of capital.
- Proposal recommends capital ratio 0.5pt higher than regular banks for the newly designated banks from 2016.

Print 23:31, 23 Dec 2012 - Asian News - Source: Nikkei