In the article “How Japan’s farmers and fishermen backed the leveraged loan boom” published more than 5 years ago, the FT tried, through the teeth, to sound the alarm on #Norinchukin Bank’s out-of-control buying spree of Collateralized Loan Obligations (CLOs). The bank was such a key player in the market…
Tag:#Norinchukin
JAPAN POST BANK IS LIKELY GOING TO BE AN EVEN BIGGER PROBLEM FOR THE BOJ THAN NORINCHUKIN BANK
Today, #Norinchukin Bank is starting to be less of an obscure name compared to more than 7 months ago when the #FED quietly added it to the list of counterparts eligible to access the standing Repo Facility the central bank established with the purpose of dealing with emergency liquidity shortfalls…
NORINCHUKIN BANK OFFICIALLY JOINS THE LIST OF BANK OF JAPAN’S NIGHTMARES
Late last year, the #FED quietly added a very unique institution to its Standing REPO Facility: #Norinchukin Bank. Like every other news against the MSM narrative, this event was quickly brushed away from public attention. In the article “WHY IS THE FED PREPARING TO BAIL OUT A JAPANESE BANK? BECAUSE…