David Dolan

Position: Tokyo Banking Correspondent
David Dolan covers banks, consumer lenders and financial regulation in the world's second-largest economy. Before that, he covered Tokyo's stock market for Reuters and also did reporting stints on Capitol Hill and Chicago's City Hall. He was born in Ireland and grew up in Chicago.

Articles

MUFG results upbeat, scales back Morgan plan November 18, 01:29pm EST 

TOKYO (Reuters) - Mitsubishi UFJ Financial Group <8306.T> became the third major Japanese bank to post upbeat results, underscoring the improving outlook for the sector, and said it would raise $11 billion to meet stricter capital rules.  Full Article 

Blog Posts

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Investing as charity

Talk to a frustrated fund manager in Tokyo (believe me, they are very easy and they'll tell you: even with the lousy earnings and the grim economic outlook, the biggest problem now is a rush of capital raisings that will heavily dilute the holdings of current shareholders.  Full Article 

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Asia banks eye gaps on the Western front

Mike Smith, the chief executive of Australia and New Zealand Banking Group Ltd, is looking to fill some gaps. As global banks such as Royal Bank of Scotland Plc and Citigroup Inc reel from losses on ...  Full Article 

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Pub wisdom about Japanese bank shareholdings

Shares of Japanese banks have taken such a kicking lately that one wonders if they'll ever be able to walk straight again. Tokyo's index of bank stocks has dropped 18 percent so far this year, on top of ...  Full Article