In light of regulatory reforms within the banking sector as announced by the Financial Services Agency, the FSA, Japan’s banks will be able to provide their customers with recruitment support services. However this new competence risks upsetting the balance of power with PMEs and banks’ current recruitment methods may also raise doubts.
The reforms are part of the government’s regional reinvigoration plans. In fact the government is requiring regional banks to reenergize local economies by supporting productivity and company reorganization. By proposing highly qualified managerial caliber professionals, often a much sought after profile across the country’s regions, banks can thus support their customers as their pursue their primary business activity.
Underlying the FSA’s decision is a growing anxiety over the future of the co
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