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To: John Hunt who wrote (31570)4/12/1999 8:59:00 AM
From: John Hunt  Respond to of 116791
 
Japanese bank fails - 'More on brink of collapse'

<< The FSA has recently been shifting the focus of its investigations from major banks and has been inspecting the books of Japan's 64 regional banks and 60 second-tier regional banks.

Analysts said the nationalisation of Kokumin, which had 745 employees as of the end of September, would not rock the nation's financial system.

But many said it could be a prelude to more failures at Japanese regional banks. >>

news.bbc.co.uk