A difficult landscape
A year on from Citibank's reprimand from Japan's regulators for mis-selling structured products to high-net-worth clients, the Japanese private banking market remains difficult for foreign firms. Is there any glimmer of hope?By Amanda Lee
The structured products market is growing in Japan, with low interest rates pushing high-net-worth investors to consider a variety of yield-enhancing investments. The Japanese structured products market is now worth Yen12.5 billion ($105 million), according to figures from BNP Paribas. However, the market is dominated by a handful of Japanese banks - Mizuho, the Bank of Tokyo-Mitsubishi, Sumitomo Mitsui Banking Corporation and Resona Bank, with foreign banks struggling to make
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