Japanese banks are discovering that their dizzying ascent in the last decade brought them not to the promised land but to the brink of disaster.

Everywhere they turn, Japan's banks find more problems. Morale been sapped by a series of financial industry scandals, and balance sheets have been drained by mounting losses from bad real estate loans.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.