Japanese Bank Tries Garage Startup Strategy to Raise Money
J Trust, the beleaguered Japanese financial conglomerate, has announced it would use crowdfunding, which is normally used by garage startups, in an effort to raise capital for its deeply troubled Indonesian division, which includes PT Bank JTrust Indonesia Tbk, PT JTrust Investments Indonesia and PT JTrust Olympindo Multifinance.
The company is using the…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.