DKB, Fuji, IBJ announce joint holding company

DKB, Fuji, IBJ announce joint holding company

TOKYO, Japan - (From L to R) Katsuyuki Sugita, president of Dai-Ichi Kangyo Bank (DKB), Masao Nishimura, president of the Industrial Bank of Japan (IBJ), and Yoshiro Yamamoto, president of Fuji Bank, speak at a news conference in a Tokyo hotel Aug. 20 on their agreement on a wide-ranging business alliance that would create the world's biggest banking group with some 141 trillion yen (about 1.27 trillion dollars) in combined assets.

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