European Business School London Regents College

Sapienza Università di Roma

• International Banking
• Lecture Twelve
• Banking in Japan
• Prof. G. Vento

Agenda

• Introduction to Banking in the United States
• Structure of the Banking and Financial System in the US
• Key issues of US Banking Industry
• Banking Regulation in the US

• April 2013

• Internaional Banking - Prof. G. Vento

Introduction to Banking in Japan

• Japan has a bank-based financial system
• Banking system has traditionally played a more important role than the stock market
• Wide array of different types of banks
• The largest public bank is the Postal Savings Bank
• Major financial crisis in 1997-98
• Wide range of reforms during the 90s.

• April 2013

• Internaional Banking - Prof. G. Vento

Structure of Japanese Banking System

• The Japanese banking system has experienced difficult times in recent years as a consequence of the downturn in the domestic economy.
• Property prices / bad debts generated the crisis in 1997 – 98.
• Both public and private financial institutions

• April 2013

• Internaional Banking - Prof. G. Vento

Bank Structure in Japan

• Keiretsu system
• A Keiretsu is a group of companies with cross-shareholdings and shared directorships which normally include a bank, trust company, insurance firm and a major industrial concern (i.e. cars, steel)
• The bank supplies services to the other keiretsu members, including loans
• The Ministry of Finance (MoF) was the key regulator through three bureaux: Banking, Securities and International Finance

• April 2013

• Internaional Banking - Prof. G. Vento