can anybody accurately tell me if the banks in the USA are 90% Japanese owned?

Question

a fellow employee made that statement and I question the truth in it

Answer 1

The Fed keeps track of foreign entities interests in US banks. see their report at http://www.federalreserve.gov/releases/iba/current/structure.htm
The British have the most. There is no way of knowing the percent of public traded bank stock is owned by non-US citizens.

Answer 2

Tell your stupid friend that the paranoid Japanese-hysteria ended in like 1991. Get with the times, man.

You are right to question the truth of it, since there IS no truth in it. What a dumb statement.

There are thousands of separate banks in the US with lots of different owners. Most are privately owned local banks, owned by local American bankers. Many are publicly traded corporations that anyone can own a piece of, but certainly the large majority of ownership of big banks like Wells Fargo and Citigroup are American investors.

There are some banks owned by foreign companies, possibly some Japanese-owned banks, though I don't know of any.

In fact, in recent years US financial services firms have taken ownership or major shares of a lot of Japanese banks -- not vice versa.

Answer 3

I always thought the British and Germans actually owned more than the Japanese.

Answer 4

Hummmmmm. think about that for just one second!!!! Are you thinking... guess not if you had to ask such a dumb question. Of course they are not. Most banks are owned by American share holders or private equity.

Answer 5

I can accurately tell you that they are not.