Though the official headquarters of the bank remained at the Yokohama office throughout the history of the institution, after 1920, the Tokyo office took over the roles and responsibilities of headquarters in a ''de facto'' manner. The bank suffered major setbacks from the 1923 Great Kantô Earthquake, and the Shôwa Scare (Great Depression) in 1929-1930, but continued on. Its strengths in the field of foreign investment allowed the Yokohama Specie Bank to serve an important role in supporting the Imperial Japanese military during WWII, but as a result of playing this role, the bank was dismantled in 1946 by GHQ. Tokyo Bank (''Tôkyô ginkô'') then took over Yokohama Specie Bank's position as the dominant Japanese bank in foreign transactions; Tokyo Bank has today become Mitsubishi Tokyo UFJ Bank. | Though the official headquarters of the bank remained at the Yokohama office throughout the history of the institution, after 1920, the Tokyo office took over the roles and responsibilities of headquarters in a ''de facto'' manner. The bank suffered major setbacks from the 1923 Great Kantô Earthquake, and the Shôwa Scare (Great Depression) in 1929-1930, but continued on. Its strengths in the field of foreign investment allowed the Yokohama Specie Bank to serve an important role in supporting the Imperial Japanese military during WWII, but as a result of playing this role, the bank was dismantled in 1946 by GHQ. Tokyo Bank (''Tôkyô ginkô'') then took over Yokohama Specie Bank's position as the dominant Japanese bank in foreign transactions; Tokyo Bank has today become Mitsubishi Tokyo UFJ Bank. |