From a posting on the Telegraph of London website …
Following the problems in the financial sector in the US, uncertainty has now hit Japan ….
In the last seven days the Origami Bank has folded, the Sumo Bank has gone belly up and the Bonsai Bank announced plans to cut some of its branches.
Now, Mitsubishi Bank has stalled due to excessively high gearing.
Sony Bank has seen a big reduction in volume.
Yesterday, it was announced that the Karaoke Bank is up for sale and will likely go for a song.
Today, shares in the Kamikaze Bank were suspended after they suddenly nose-dived into the deck, ruining the carrier trade.
Samurai Bank is trying to soldier on following sharp cuts.
Ninja Bank is reported to have taken a hit and almost turned turtle, but they remain in the black and should survive.
Furthermore, 500 staff at Karate Bank have got the chop
Analysts report that there is something fishy going on at the Sushi Bank where it is feared that staff may get a raw deal.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.