Japan will relax bank lending limits for M&A and push pension funds to boost
allocations to alternative assets under Prime Minister Sanae Takaichi’s economic
growth plan. Banks would be allowed to exceed existing loan caps to finance
large acquisitions and AI data-center projects, and the government will ease
rules to let bank-affiliated investment units more readily provide equity
financing for buyouts and corporate spinoffs. The plan also calls for a review
of the “firewall” rules that bar commercial banks and securities arms within the
same financial group from sharing client information.