NIIGATA, Japan -- Group of Seven finance ministers will take measures to prevent future bank failures like that of based Silicon Valley Bank in the U.S., according to a draft of their final statement to be released on Saturday, Nikkei has learned.
Wealthy nation bloc's finance ministers to say global financial system 'resilient'

G-7 finance ministers and central bank governors at a three-day meeting in the Japanese city of Niigata. (Photo by Tomoki Mera)
NIIGATA, Japan -- Group of Seven finance ministers will take measures to prevent future bank failures like that of based Silicon Valley Bank in the U.S., according to a draft of their final statement to be released on Saturday, Nikkei has learned.