"Whenever there's a new government," Hiroshi Saito, president of Mizuho Corporate Bank, part of Japan's second-biggest financial group, says with more than a hint of world-weariness, "it always announces that Tokyo will be the next international financial centre." Sure enough, the government of Shinzo Abe, prime minister since last autumn, says that Japan must act quickly to make Japan's financial markets competitive enough to attract global business. This summer it promises to come up with some crisp proposals. These, says Koutaro Tamura, parliamentary secretary responsible for financial services, will be proof of the government's sense of purpose.
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