America's oldest bank looks to Japan amid global uncertainty

BNY sees opportunities in rising JGB yields, growing retail investment

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Kunio Watanabe, BNY's Japan country executive, says investors are increasingly interested in Japanese government bonds. (Photo by Mitsuru Obe)

MITSURU OBE

TOKYO -- Bank of New York Mellon is bolstering its Japan operations, seeing opportunities to make money as the country emerges from deflation and its people become more open to investing in the stock market.

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