Japan’s largest lender will start a ¥34 billion fund early next year after upsizing its first joint-venture fund earlier this year.
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The head of Japan’s second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.
Shinsei has moved to defend itself from an SBI takeover bid, saying it would introduce a strategy designed to dilute the suitor’s stake.
Regulatory officials in Japan are treading a fine line between supporting an environment where financial firms seek out higher returns, while guarding against excessive risk taking.
All 460 Mizuho Bank branches nationwide were not able to process transactions for about an hour on Friday morning due to an IT hardware failure the previous night.
While the FSA chief is open-minded about the potential benefits that crypto-assets possess as a quick way to send cash, in Japan they are mainly being used for speculation and investment.
Mitsubishi UFJ Financial Group Inc. expects to begin buying credit, equities and alternative assets in the second half of this year that will likely focus on U.S. securities.
Deposits at the nation’s top three banks alone grew by ¥41 trillion in the year ending in March.
The mortgage lender is enjoying a surge in demand for credit from homebuyers seeking larger properties in the suburbs, where the bank has a strong presence.
Organizers had initially planned to have about 10,000 doctors, nurses and medical staff on standby for the games but have had to cut that number down to about 7,000.