It gives the impression Koizumi wanted someone who has political clout and who can support his structural reforms. Merging or privatizing government-affiliated banks will be positive for commercial lenders and brokerages because it will mean more business for them.
More Quotes from Yoji Takeda:
It's positive news the government didn't come directly into the market to sell its stake.Yoji Takeda
There is long-term confidence for continuing growth in Japan's economy. Loans and fee income for banks should grow.
Yoji Takeda
Fed policy may be shifting slightly to a longer period of rising rates, and that will hurt sentiment for shares.
Yoji Takeda
The TSE lacks awareness and alertness when the market is open. If something happens, there needs to be someone to make a decision. They should have halted that J-Com trade.
Yoji Takeda
It's difficult for Japanese utilities to increase dividends as price competition lowers rates.
Yoji Takeda
Sumitomo Mitsui owes more than the other banks, yet its profitability is very good. It's not surprising it wants to show it's eager to pay the debt as soon as possible. Owing the government gives a bad impression.
Yoji Takeda
Readers Who Like This Quotation Also Like:
Based on Keywords: brokerages, koizumi, merging, privatizingIt kills you to see them grow up. But I guess it would kill you quicker if they didn't.
Barbara Kingsolver
I think, you know, it was something that I really wanted. I wanted so much to have a son or daughter. We adopted a son. And it was just the most wonderful thing. I think the only thing that was difficult for both Maury and myself were the sleepless nights.
Connie Chung
To teach a man how he may learn to grow independently, and for himself, is perhaps the greatest service that one man can do another.
Benjamin Jowett