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Japanese Regulator to Inspect 3 Big Banks in 'Yakuza' Loan Probe

Japan's Financial Services Agency said on Tuesday that next week it will start inspecting three major banks, including the country's top lender, Mitsubishi UFJ Financial Group, over possible transactions involving “yakuza” mobsters.   One of the banks, Mizuho Financial Group, has been under fire after regulators last month reprimanded it for failing to terminate loans to members of organized crime syndicates for more than two years after discovering them. Sumitomo Mitsui Financial ...

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