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Japan ex-regulator head warns against excess regulation aimed at stopping digital bank runs

TOKYO : Financial authorities must be mindful of the risk of excessive regulation aimed at preventing digital bank runs caused by online rumours and speculation, said the former commissioner of Japan's Financial Services Agency (FSA).The failure of Silicon Valley Bank and Signature Bank in the United Stat ....

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Japan ex-regulator head warns against excess regulation aimed at stopping digital bank runs - Stock market news

TOKYO (Reuters) - Financial authorities must be mindful of the risk of excessive regulation aimed at preventing digital bank runs caused by online rumours and speculation, said the former commissioner of Japan's Financial Services Agency (FSA). | 12:44am ....

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Shinsei Bank revamps leadership for turnaround after SBI tender offer

Shinsei Bank on Feb. 8 revamped its management lineup, nearly two months after a successful tender offer by online financial group SBI Holdings Inc., with a former SBI vice president now at the bank s helm. ....

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Shinsei Bank revamps leadership for turnaround after SBI tender offer

New Shinsei president Katsuya Kawashima will be tasked with paving the way to repay the public funds injected into the bank in the wake of Japan's financial crisis in the late 1990s. ....

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