BoJ’s Yamaguchi warns of ‘vicious cycle’ from de-leveraging of European banks


Hirohide Yamaguchi, a deputy governor of the Bank of Japan, on February 2 warned that the effects of the de-leveraging of European banks in response to higher capital requirements could spill over into the global economy.

At a meeting with business leaders in Kagawa, Japan, Yamaguchi said that while liquidity measures carried out by the European Central Bank last December to massively provide the financial market with extraordinarily long-term funds for a period of three years had helped

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: