A typical day for a Japanese bank

“There are interesting parallels between Japan and the UK. Both are islands with a limited and stable population. They have their own currency and they are a former power with lots of history. Their banks and corporations now make most of their profits overseas, which they repatriate for tax reasons.

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Source : The Guardian

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Coal study names top 20 ‘climate killer’ banks

The NGOs have labelled the banks “climate killers” because their financing efforts have helped to expand coal in the past decade. Many of the banks on the list subscribe to environmental principles, such as cutting their own greenhouse gas emissions and conducting environmental impact assessments on projects they finance.

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Source : The Guardian

Sweden Prime Minister Proving Tough Love of Banks a World Model

“Sweden’s debt will shrink to 36.3 percent of GDP this year from 40.2 percent in 2007. In the U.K., the public debt burden will widen to 84 percent in 2011 from 44.4 percent, the European Commission estimates.”

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Source : Bloomberg