ABSTRACT
Assessment of the significance of a termite strategy necessitates placing it in a more general framework for the analysis of global competitive strategies implemented by multinational banks, that is banks that own and control banking activities in at least two countries, as defined by Mark Casson. Triad economic power is evident in banking as well as in manufacturing, but Japanese multinational banks clearly have a stronger position than the manufacturing firms with which they are closely associated, notably in their nation’s keiretsu. In the Pacific, Japanese banking ascendancy has demonstrated the use of strategies which have been successful because of advantages of size and systemic integration. Triad power in international banking is large, and increasing. The Japanese strategies for expansion in the region’s financial markets have given expression to a distinctive set of managerial orientations which is significant for comparative studies of banking behavior within the Triad.
