Govt considering stricter control of banks' shareholdings/.

Govt considering stricter control of banks' shareholdings Junichi Yoshimi Yomiuri Shimbun Staff Writer Yomiuri In step with the proposed establishment of a government-backed fund to absorb a sell-off of stock held by banks, a part of the government's new emergency economic measures, the idea of reinforcing the restrictions on banks' shareholdings has emerged. The idea originated as a way to make banks less vulnerable to sliding stock prices. On the other hand, some have pointed out that stricter rules on banks' shareholdings may deprive banks of the freedom to manage their funds as they see fit. The idea of putting more restrictions on banks' shareholdings was first proposed …