Japan Investment Banking
April 12 2001
Japan's banking reforms were big but they did not bang. Instead, restructuring has been a slow and tortuous process. The situation has not been helped by the fragility of Japan's economic recovery and the recent plunge in share prices. They have combined to take the politicians' minds off the task of reform as they struggle for quick-fix rescue packages. Some investment banks accept that reform is a long-term game, but they are beginning to lose patience.
Overview Firm signs that restructuring gathering pace
Trends Competition hard to match
Cybird crash helps cut new issue numbers
A thaw in relationships
Industry When tradition can be an obstacle
Too close to call
Market shift puts drug firms in play
Employment Focus now aimed at quality
Profiles Nikko Salomon Smith Barney
Daiwa SBCM
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Japanese Industry 1999
Foreign Investment in Japan 1999
Japanese Financial Markets 1999
Japan: Corporate Fund-Raising 1999