Unions at Japan's mega banks won't ask for pay increase - report

Headline via Bloomberg

Japanese news outlet Nikkei is reporting that labour unions at BTMU, Mizuho Financial Group, and Sumitomo Mitsui Banking won't seek an increase in base pay for 2018.

Not breaking news or anything, but certainly not something Abe or the BOJ would be too happy about as they look towards spurring inflation to achieve the 2% price target.

investingLive Premium
Telegram Community
Gain Access