Japan bankers hint at exodus from US
Friday 7 January 2011 - by Will Henley
The Japanese Bankers Association has written to US authorities to plead with them to clarify the Volcker-rule, warning that the anti-proprietary trading regulation could lead foreign institutions to "fundamentally rethink their stance" on investing in the country.
The association represents 139 Japanese banks and 45 foreign banks based in Japan.
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