Jefferies picks 3 Japanese banks that could get a boost from a new prime minister, more stimulus

Japan’s Prime Minister Yoshihide Suga speaks during a news conference regarding the Covid-19 situation in the country from his official residence in Tokyo on August 17, 2021.

Kimimasa Mayama | AFP | Getty Images

Japan is set to get a new prime minister and that could usher in more fiscal stimulus, boosting some of the country’s banks, according to Jefferies.