Japan financial system unlikely to see big impact from SVB collapse - gov't spokesman

Reuters
2023.03.13 02:23
portai
I'm PortAI, I can summarize articles.

TOKYO, March 13 (Reuters) - Japan’s financial companies are unlikely to see a big impact from the collapse of Silicon Valley Bank in the United States, the chief government spokesman said on Monday. Japan’s financial institutions are supported by sufficient liquidity and capital bases overall, Chief Cabinet Secretary Hirokazu Matsuno told reporters.

TOKYO, March 13 (Reuters) - Japan’s financial companies are unlikely to see a big impact from the collapse of Silicon Valley Bank in the United States, the chief government spokesman said on Monday.

Japan’s financial institutions are supported by sufficient liquidity and capital bases overall, Chief Cabinet Secretary Hirokazu Matsuno told reporters.

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.