Risk Japan: Bank of Japan concerned about wrong-way risk on banks’ cross-holdings


The Bank of Japan is concerned about wrong-way risk on Japanese banks' cross-holdings which has left banks nursing balance sheet losses as Japanese stocks have suffered from the negative effects of the eurozone crisis, according to Atsushi Miyanoya, director-general at the Bank of Japan (BoJ).

Speaking at the Risk Japan conference in Tokyo last week, Miyanoya explained that major Japanese banks have cross-holdings of more than 10 trillion yen ($124 billion) in fellow domestic corporates - a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: