Japan's leading banks to back SoftBank Vision Fund: Report

Photographer: Akio Kon/Bloomberg

Japan’s three megabanks are set to become the latest investors in the SoftBank Group’s $100-billion Vision Fund, which is also set to close investments from a number of international investors, according to a report by Nikkei Asian Review.

Mizuho Bank, the report said, is expected to invest tens of billions of yen in the fund, while MUFG Bank and Sumitomo Mitsui Banking are likely to contribute several billion yen each, possibly by the end of May.

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