After Shore Bancshares Inc.

What did I say then?

Lehman to invest $1.25bn in Japan's UFJ

UFJ, one of Japan's four largest banks, is poised to receive a ¥150bn ($1.25bn) capital injection from Lehman Brothers in the latest of a series of investments by Wall Street's leading finance companies into Japan's struggling banking sector.

......UFJ's decision to tap the market for additional capital so soon after the end of the financial year in March sends out a strong signal that it continues to face difficulties.

Syndicate content