Japan’s Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over global banks’ exposure to souring real estate bets. Akio Kon … Read more