Japan's Okuda: banks must restructure to win trust


TOKYO, Nov 25 (Reuters) - The head of Japan's main business lobby, Hiroshi Okuda, said on Monday that the nation's banks need to go through restructuring in order to regain public confidence. "Banks first should go through restructuring and this is one of the ways for the banks to regain confidence," Okuda, chairman of the Japan Business Federation, told a news conference. Okuda, who is also chairman of Toyota Motor Corp , reiterated his denial of British newspaper reports last week that ...

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