Anger has been fuelled not only by the discovery of wrongdoings and perverse incentives, but also by a perceived lack of action against those responsible, in a context of exceptionally high remunerations.
Under these circumstances, a meeting of the Financial System Management Council was held and it was decided that injection of capital into Resona Bank was necessary. Including the effects arising from the decision, developments in the financial and capital markets, the  2  BIS Review 23/2003  behavior of financial institutions, and the situation of corporate finance continue to require close monitoring.