Good news for bankers!

Or at least the ones who have been nominated to serve at the Bank of Japan. Nothing to get too excited about I suppose.

日銀人事:国会同意へ…黒田 総裁案、民主が賛成決定

民主党は１２日、次期日銀総裁に黒田東 彦（はるひこ）アジア開発銀行総裁、日銀 副総裁に中曽（なかそ）宏日銀理事を充て る政府案に賛成することを正式決定し た。もう一人の副総裁候補の岩田規久男学 習院大教授には反対する。ただ、岩田氏は みんなの党と日本維新の会、新党改革が賛 成する方針のため、野党が多数を占める 参院を含めて国会同意が得られる見通し。 ３人の衆参両院での同意は確実な情勢だ。 http://mainichi.jp/select/news/m20130313k0000m010061000c.html

Bank of Japan appointment: Towards Parliamentary Approval…DPJ approves Kuroda presidential nomination

On the 12th, the Democratic Party of Japan formally approves the government proposal nominating Haruhiko Kuroda, current president of the Asia Development Bank, as the next president of the Bank of Japan (BoJ) along with BoJ director Hiroshi Nakao as BoJ vice-president. The DPJ opposes one other vice-presidential nominee, Gakushuin University professor Kikuo Iwata. That said, since Iwata enjoys the support of other opposition parties, including Everybody’s Party, the Japan Restoration Party, and the New Reform Party, he is expected to gain Parliamentary approval by a majority in the lower house. The three individuals’ approval is certain in both houses at this point.