Can ETFs rescue Japanese banks?

Terrorism''s impact on Japanese equities threatens its banks. Tokyo wants banks to shed stocks without damaging the market. Exchange-traded funds may be one solution.

The terrorist attack on in New York and Washington, DC on September 11 immediately rocked global markets. Japan was especially hard hit, with the benchmark Nikkei 225 Stock Average falling 6.6% to below 10,000, its lowest point in 17 years. And Topix, the institutional benchmark, also crashed below 1,000.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media