By Junko Sakai
Whereas earlier reviews of jap multinational businesses within the West have ordinarily assumed stereotyped modifications in administration platforms and paintings cultures, eastern Bankers within the urban of London makes a speciality of the true reports of employees in jap transnational finance businesses and, past this, bargains clean insights into the newly rising multicultural paintings reviews around the globe. via a hundred transcribed interviews, Junko Sakai unearths the transnational operating event within the context of people' international routine among East and West and explores how the beliefs and interactions of ethnicity and tradition particularly impact their lives.
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Extra resources for Japanese Bankers in the City of London: Language, Culture and Identity in the Japanese Diaspora
Yet, the phone calls did not come. When I phoned three or four times, some agreed to be interviewed. Yet others just said, ‘I will fax you next week’. One British manager sent me several letters and said that he would help me and would let me know when he could meet me. He never directly refused, but I came to understand that I had been refused. I began to wonder which was less painful, being refused directly, or being dismissed with nice smiles and promises. As a language learner, it took me time to understand that English is a language in which words do not necessarily represent their meaning.
In aerospace finance, the business was led by Japanese investors. Thus, successful businesses were among Japanese networks and did not go beyond these networks. 45 The Tokyo market had been protected by laws and strong guidance from the Ministry of Finance. The Bank of England disapproved and stated that it ought to be a reciprocal matter to open up the Tokyo market as Japanese banks enjoyed free activities in London. Therefore, gradually, though very slowly, the Japanese government began to open the Tokyo market in respect of the liberalisation of interest rates and the relaxing of the boundaries between banking and securities businesses.
In this sense, they were using tatemae and honne, just as the stereotypical Japanese are believed to do. During my interviews, I learned to play a different ‘self’ for each group, though it took time not to feel guilty that I was saying what I did not really believe from the bottom of my heart. I started from the assumption that I had to be consistent in what I was saying, but I found that it was necessary to adjust to interviewees’ values. I felt depressed at this chameleon role I adopted for my interviewees.