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Non-Tech : MBK---------Bank of Tokyo Mitsubishi Ltd -- Ignore unavailable to you. Want to Upgrade?

To: chirodoc who wrote (6)	3/4/1998 5:59:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 170

Wednesday March 4, 4:05 am Eastern Time Bank of Tokyo-M'bishi to cut domestic branches TOKYO, March 4 (Reuters) - The Bank of Tokyo-Mitsubishi Ltd [NYSE:MBK - news] said on Wednesday that it would cut the number of its domestic branches to 282 by the end of March, 2001, from 322 as of the end of this month. It said in a statement that it would also review its overseas branch and subsidiary network in order to streamline its business abroad if this proved necessary. The bank said it would cut the number of its top executives to about 40 by March 31, 2001, from 69 at present. Payment to top executives would be cut by up to 30 percent in the next fiscal year starting April 1, it said. Total employee numbers would fall below 17,000 by the end of March, 2001, from 18,500 at the end of March, 1998, it said. --------------------------------------------------------------------------------

To: chirodoc who wrote (6)	3/22/1998 12:15:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 170

Dear chirodoc- What do you think of this prudent lending activities of Japanese what we errorneously term as credit crunch-- I think selective lending with a stimulus package can be an intial sign of a solid turn around anyway Nikkei is up 9% for 98 and if we trail anywhere near France's CAC 40 we can go as high as 23%-- imagine if we have this blow out - as you are well aware above 17000 most of Japanese bank fulfill the 8% adequacy requirements -- I will also appreciate some thoughts on Japanese financial year end. Your input on these issues shall be highly appreciated. Ever grateful Ike