/ Apr 5, 2017

Mega-bank groups to trim new grad hiring in 2018

The nation’s three mega-bank groups, including Bank of Tokyo-Mitsubishi UFJ, plan to hire fewer new graduates in spring 2018, bucking an upward trend seen in other business sectors. The core unit of Mitsubishi UFJ Financial Group Inc. expects to employ some 1,100 new graduates ...

/ Apr 5, 2017

Top two Niigata banks strike up integration plan

Daishi Bank and Hokuetsu Bank, both regional institutions in Niigata Prefecture, said Wednesday that they have reached a basic agreement to integrate their operations by setting up a joint holding company in April 2018. The banks will operate under the holding company while they ...

Apr 4, 2017

More bankers unhappy with bonuses at foreign firms in Japan

An increasing number of bankers working at foreign firms in Japan are unhappy with their bonuses, and falling expectations for raises are giving them more cause to gripe, according to a Morgan McKinley survey. Forty percent of respondents were dissatisfied with their bonuses, up ...

Mar 16, 2017

North Korean hacking group likely behind recent attacks on banks

A North Korean hacking group known as Lazarus was likely behind a recent campaign targeting organizations in 31 countries, following high-profile attacks on Bangladesh Bank, Sony and South Korea, cybersecurity firm Symantec Corp. said on Wednesday. Symantec said in a blog post that researchers ...