Tag - 77-bank

 
 

77 BANK

Japan Times
COMMENTARY / World
Dec 8, 2021
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan Times
BUSINESS
Nov 25, 2021
As Shinsei defense collapses, another poison pill works in Japan
Tokyo Kikai Seisakusho Ltd., a small maker of newspaper printing presses, said Thursday that Asia Development Capital Co. had decided not to pursue control of the firm.
Japan Times
BUSINESS / Companies
Nov 24, 2021
Shinsei Bank drops poison pill defense in SBI takeover saga
A takeover fight erupted for Shinsei in September when Japan's biggest online brokerage launched a rare unsolicited tender offer to increase its stake in Shinsei.
Japan Times
BUSINESS / Companies
Nov 24, 2021
The poison pill, long hated by investors, gets new love in Japan
Tokyo-based Shinsei Bank Ltd. has asked shareholders to approve on Thursday its plan to use a poison pill defense against a proposed stake increase by SBI Holdings Inc.
Japan Times
BUSINESS / Companies
Nov 18, 2021
U.S. hedge fund says both Shinsei and SBI at fault in takeover battle
'Both sides are not satisfying what shareholders would like to see,” said Dalton Investments co-founder and portfolio manager Jamie Rosenwald, whose firm holds about 3% of Shinsei for clients.
Japan Times
COMMENTARY / World
Nov 11, 2021
A Palestinian ultimatum aimed at shaking the status quo
Israeli and the U.S. only want to address the “quality-of-life” issues facing the 5 million Palestinians living under occupation without working to remove the cause of those issues.
Japan Times
BUSINESS / Companies
Nov 10, 2021
Shinsei board member says the bank needs to improve performance
Shinsei has moved to defend itself from an SBI takeover bid, saying it would introduce a strategy designed to dilute the suitor's stake.
Japan Times
BUSINESS / Companies
Oct 21, 2021
Shinsei Bank officially rejects SBI's tender offer, set for hostile takeover
The standoff between the firms has escalated since SBI launched an unsolicited tender offer in early September in an attempt to raise its stake from 20% to 48%.
Japan Times
COMMENTARY / World
Oct 11, 2021
Is World Bank’s Doing Business report really dead?
The bank announced it would discontinue the report after an investigation revealed efforts to manipulate data in order to improve China and Saudi Arabia's DB rankings.
Japan Times
WORLD / FOCUS
Oct 6, 2021
London's financial district, steeped in slavery, confronts its past
Lloyd's and the Bank of England have each hired a historian to delve into their roles in the slave trade and are planning on publicizing the results in the next year.
Japan Times
BUSINESS
Oct 5, 2021
Japan’s Norinchukin Bank tiptoes back into CLO market with refinancing deal
The bank, which finances farmers and fishers, was one of the biggest buyers of collateralized loan obligations in the world before cutting back its exposure in 2019.
Japan Times
BUSINESS / Economy
Oct 5, 2021
Shunichi Suzuki takes Japan finance reins as election and stimulus loom
The 68-year-old Suzuki was appointed to the job after helping to install the country's new prime minister, Fumio Kishida, who took the job earlier Monday.
Japan Times
BUSINESS / Companies
Sep 29, 2021
SBI agrees to Shinsei Bank's request to extend tender offer
In a potential pause in the escalating tensions between the two, SBI acquiesced to Shinsei.
Japan Times
BUSINESS
Sep 29, 2021
China targets Evergrande risks with $1.55 billion bank deal
The bank stake transaction underscores the mounting pressure on billionaire Hui Ka Yan to spin off and sell assets to pay down a mountain of debt.
Japan Times
BUSINESS / Companies
Sep 27, 2021
Shinsei Bank rejects SBI's one-month tender offer extension
Shinsei said its proposed extension to Dec. 8 will give shareholders sufficient time to assess provided information so they can decide on whether to tender their shares.
Japan Times
BUSINESS
Sep 26, 2021
Tapering doesn’t mean tightening for central bank money printers
In recent weeks, the U.S. Federal Reserve signaled it will start paring its massive bond-buying as soon as November and the Bank of England hinted that it may raise interest rates this year.
Japan Times
BUSINESS / Tech
Sep 24, 2021
Bitcoin stumbles as China turns the screws on cryptocurrencies
Crypto contributes little to economic growth, spawns risks, consumes huge amounts of energy and hampers carbon neutrality goals, say authorities.
Japan Times
BUSINESS / Companies
Sep 24, 2021
SBI flags extension to tender offer period if Shinsei Bank meets demands
SBI demanded Shinsei not attempt to buy time by posing 'low-priority' questions, and that it hold an extraordinary shareholders' meeting as soon as possible and in an equitable manner.
Japan Times
BUSINESS / Companies
Sep 21, 2021
Mitsubishi UFJ to sell part of American unit to U.S. Bancorp
The Japanese financial group will acquire MUFG Union Bank's operations for corporate customers and then sell all the shares to U.S. Bancorp, the sources said.
Japan Times
COMMENTARY / World
Sep 20, 2021
Changing the climate of financial regulation
Despite the growing costs of climate change, U.S. financial regulators have yet to show they are thinking creatively about potential solutions.

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree