For Yuki Hagiwara's latest contributions to The Japan Times, see below:
It's time to stop drinking with the boss after work. That's the message of Mitsubishi UFJ Financial Group Inc. banking unit executive Saiko Nanri, who wants to change Japan's long-standing culture of drinks between managers and employees. Companies have long encouraged such parties to give workers ...
The new head of the nation's main banking lobby is warning the Bank of Japan against deepening negative interest rates, signaling that such a move could spur risky investment and put further pressure on lenders' profits. "It will be a quite difficult option to take," ...
Mizuho Financial Group Inc. announced another round of losses Wednesday on its foreign-bond holdings as part of a surprise writedown that will severely curtail full-year profit, as Japanese banks' quest to secure yield by investing overseas continues to create turbulence. Mizuho slashed its net income ...
The unit acquired from Germany’s second-largest bank will be one of the Mitsubishi UFJ Financial Group’s biggest acquisitions since it was created in 2005.
How could one of the world's most visible employees go about hiding billions of yen worth of salary and benefits paid to him by one of the world's biggest companies, without the company knowing it? Two weeks after Tokyo prosecutors arrested Carlos Ghosn for allegedly ...
The country's growing ranks of dementia sufferers are sitting on a mountain of frozen assets, creating personal dilemmas for loved ones fretting over how to handle that money and a drag on the nation's economic prospects as the vast pool of wealth lays idle. The ...
One of Japan's biggest banks is throwing away the cookie cutter when it comes to hiring fresh graduates. Realizing it was recruiting "exactly the same" types of people each year, Mizuho Financial Group Inc. now wants to hire more creative thinkers who can help it ...
Mizuho Financial Group Inc.'s trust banking arm has its sights set on exactly where the wealth is in Japan: the $11 trillion held by the nation's elderly. The company has begun selling a type of trust that gives rich retirees more options for managing their ...
Where there's a will, there's a way. That's what banks across Japan are counting on as they try to keep hold of the ¥50 trillion in wealth left by their customers each year when they die. With more than a million Japanese dying annually, smaller ...
Japanese banks, long content to foster the nation's love for cash, are now diving into digital payments thanks to a regulatory change that threatens to usher in new rivals. In recent months, lenders around the country have announced a flurry of initiatives designed to grab ...
