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Eighteenth Bank Ltd (8396.T)

8396.T on Tokyo Stock Exchange

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Fri, Aug 24 2018

Japan's FTC approves Fukuoka, Eighteenth Bank merger after long review

TOKYO, Aug 24 Japan's Fair Trade Commission (FTC) said on Friday it had approved the merger of two small lenders after a lengthy review that had sparked a battle between the antitrust watchdog and financial regulators promoting mergers in the embattled industry.

Japan's FTC likely to approve Fukuoka, Eighteenth Bank merger as early as August

TOKYO, Aug 1 Japan's Fair Trade Commission is likely approve the merger of regional banks Fukuoka Financial Group Inc and Eighteenth Bank Ltd as early as this month, a source with direct knowledge of the matter told Reuters on Wednesday.

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