MARKEY WATCH--Financial services companies took a hit in Tokyo Monday after the Nikkei business daily reported that Japan's third biggest consumer-credit firm Takefuji Corp. may consider filing for protection against creditors under Japan’s Corporate Rehabilitation Law.
The news report foiled the outlook for Japan’s other retail lenders, which have been facing stricter government controls and regulations following the 2006 crackdown on lending practices.
Keep moving, keep moving...
.jpg)
Posts
No comments:
Post a Comment