Rising rates put Kyoto bank’s $6 billion gain on stakes in play
1d agonow
What the source said
“Rising rates put Kyoto bank’s $6 billion gain on stakes in play”
Authorities have been urging lenders such as Kyoto Financial to phase out the practice of cross-shareholdings to improve corporate governance.
Read at The Japan TimesReported by one source so far. It is confirmed when a second, independent source reports the same thing.