Japanese banks vulnerable to shocks as dollar borrowing doubles: BIS

Jun 26, 2017

Japanese banks vulnerable to shocks as dollar borrowing doubles: BIS

Japanese banks have more than doubled their borrowing and lending in dollars since 2007, leaving them vulnerable to funding shocks such as those that exacerbated the last financial crisis, according to the Bank for International Settlements. Assets denominated in dollars on the balance sheets of ...

JBIC investment and loans in Asia saw big rise in fiscal 2016

May 30, 2017

JBIC investment and loans in Asia saw big rise in fiscal 2016

The government-linked Japan Bank for International Cooperation made ¥840 billion in investment and loans in the rest of Asia in fiscal 2016, up 2.5-fold from the previous year, according to sources. The figure for the year through March was a record high for the region ...

'Tokyo' may be dropped from name of Japan's top bank

/ May 15, 2017

'Tokyo' may be dropped from name of Japan's top bank

Bank of Tokyo-Mitsubishi UFJ is considering dropping "Tokyo" from its name amid complaints from customers that it is too long, sources said Sunday. The core unit of Japanese industry leader Mitsubishi UFJ Financial Group Inc. is likely to be renamed MUFG Bank as early as ...

Sep 20, 2016

IMF lending nations seek veto power over bilateral credit lines

Countries that provide bilateral credit lines to the International Monetary Fund want the power to veto loans drawn from those precautionary arrangements, according to people familiar with the discussions. The IMF has been in talks with more than 30 countries that made available $393 billion ...