There's no comparison between foreign and Japanese banks. Local lenders have too little earning capacity.
More Quotes from Naoko Nemoto:
They have to find other ways to make money in Japan. Private banking was their best business, but they can't do that anymore.Naoko Nemoto
Business conditions at the banks will not be swayed by the latent loss.
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Investment banking needs a go-getter attitude that Mitsubishi UFJ lacks. Its efforts to build up that business remain half-done.
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