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News For MTU From The Last 14 Days Check below for free stories on MTU the last two weeks. |
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| June 11, 2013 | | 14:19 EDT |  | MTU | Japan to adopt 'bail-ins,' force bank losses on investors if needed, Nikkei says
Japan's Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a "bail-in," according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui (SMFG) are among those proposing amendments to allow them to issue the types of preferred shares or subordinated bonds that would be used in such cases, the report noted. Reference Link | |
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