The failure of Silicon Valley Bank and the ensuing turmoil at Credit Suisse have put Japan’s ailing regional banking sector and its financial institutions under the tightest market scrutiny since the 2008 global financial crisis.
In a reflection of contagion concerns, Japan’s central bank and financial authorities held a crisis meeting in mid-March, while shares in the country’s banks have endured a brutal sell-off since the SVB collapse, falling more heavily than their…
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