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Japanese banks move to London

Language: English Series: Financial Times ; 9 June 1998, 2(1)Publication details: 1998Subject(s): Summary: Sanwa Bank, one of Japan`s largest banks, is closing its Paris office and ten branches to consolidate its European business in London, a move propmpted by the launch of the single european currency. It is believed that Japanese banks may follow this lead.

Sanwa Bank, one of Japan`s largest banks, is closing its Paris office and ten branches to consolidate its European business in London, a move propmpted by the launch of the single european currency. It is believed that Japanese banks may follow this lead.