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Finance

Vietnam and Singapore become new outposts for Japan regional banks

Gunma Bank and Bank of Yokohama shift resources from London and Hong Kong

Joggers run near the Merlion Park in Singapore. Japan's Bank of Yokohama has opened a branch in the Southeast Asian financial hub.   © Reuters

MAEBASHI, Japan -- Two of Japan's biggest regional banks have picked Southeast Asia as a location for new offices to support client companies' expansion into the region, shifting resources from Hong Kong and London.

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