Tag - banking

 
 

BANKING

Mitsubishi UFJ Trust and Banking is set to buy Australian data manager Link Administration Holdings for 1.11 billion Australian dollars.
BUSINESS / Companies
Dec 18, 2023
MUFG to buy Australia’s Link in ¥106 billion deal
The unit of Japan’s largest bank, Mitsubishi UFJ Financial Group, will pay AU$2.10 per share, a 23.5% premium to Friday’s closing stock price.
Japan Times
COMMENTARY / World
Jun 6, 2022
Banking could go the way of news publishing
Tech giants pose a far bigger challenge to brick-and-mortar lenders than fintech startups that don't have the scale of platform businesses.
Japan Times
BUSINESS / Economy
Mar 21, 2022
Russia's possible default expected to have limited impact on Japan
Japanese firms tend to possess less risky bonds issued by developed countries such as the United States.
Japan Times
BUSINESS / Markets / FOCUS
Mar 19, 2022
Inside Russia’s 96-hour cliffhanger to sidestep bond default
A lull in processing a key coupon payment heaped global attention on a part of banking rarely in the spotlight: The staid back-office mechanisms that handle trillions of dollars daily.
Japan Times
WORLD / ANALYSIS
Feb 27, 2022
SWIFT block deals crippling blow to Russia, but leaves West room for more sanctions
Russian banks denied access to SWIFT will find it harder to communicate with peers internationally, even in friendly countries such as China, slowing trade and making transactions costlier.
Japan Times
COMMENTARY / World
Feb 8, 2022
China goes for Olympic gold with its digital currency
China hoped to use the Games to showcase its financial innovations, cashless society and its ability to undermine the U.S. dollar's position as the global reserve currency.
Japan Times
BUSINESS / Companies
Jan 12, 2022
World’s worst-performing bank lent billions to China Evergrande
Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.
Japan Times
COMMENTARY / World
Dec 30, 2021
Young talent isn’t following the money to Wall Street
The talent pool is being drawn elsewhere. Traditional investment banks can't win them back just by upping starting salaries.
Japan Times
EDITORIALS
Dec 24, 2021
Going nowhere: Central banks face inflation fears
Central bankers balance two priorities: prices and employment. Unfortunately, a slowing economy generally reduces employment, which means that those two priorities compete with each other.
Japan Times
BUSINESS
Jul 14, 2021
Sumitomo Mitsui allies with U.S. financial firm Jefferies
The group plans to purchase a stake of up to 4.9% in the U.S. group for around u00a542 billion.
Japan Times
COMMENTARY / World
Jul 14, 2021
Wall Street outpaces main street in post-pandemic recovery
The lack of consumer lending growth isn't exactly a negative sign for the American economy. But it points to how slow it can be to turn around a $20 trillion tanker of an economy.
Japan Times
COMMENTARY / World
Jul 12, 2021
How to keep crypto from crashing the financial system
The volatility, transaction costs and carbon footprint of Bitcoin, for example, have made it largely useless for purposes other than speculation and ransomware (and even there it has flaws).
Japan Times
COMMENTARY / World
Jul 7, 2021
The real reason no one wants to be a banker anymore
Analysts say banks are becoming more like machines, 'with less dependency on human capital.”
Japan Times
BUSINESS / Economy
Jul 1, 2021
Japan bank head says transition funds are critical for climate
Helping big polluters transform into greener enterprises is one of the biggest challenges facing domestic banks, says Makoto Takashima, chairman of the Japanese Bankers Association.
Japan Times
COMMENTARY / World
Jun 23, 2021
What 16th-century Venice teaches us about crypto
If Bitcoin and its ilk are to survive, they will need to find a way to betray their libertarian roots and cut their own deals with the state.
Japan Times
COMMENTARY / World
Apr 17, 2021
Fintech uprising will define post-pandemic banking
Shifting behavior because of the pandemic and industry trends that have accelerated over the past year might leave top banks with little choice but to remain consumer friendly.
Japan Times
COMMENTARY / World
Mar 19, 2021
Banker bonuses always send a powerful message
Banking is a competitive sport where the star players will go wherever they feel there are the fewest barriers to their own wealth.
Japan Times
COMMUNITY / How-tos / LIFELINES
Nov 29, 2020
My bank wants my residence card details to fight terrorism. Do I have to comply?
Banks are sending some non-Japanese customers requests to come into their branch and confirm their identities, which they say is part of a broader strategy to combat crime.
Japan Times
LIFE / Lifestyle
Sep 19, 2020
How COVID-19 has altered the conversation about money
Before the coronavirus, Tara Beier and her husband, Dennis, rarely discussed money. They kept separate bank accounts and divided their household responsibilities. Her husband, 42, covered the mortgage on the two properties they own, while Beier, 38, managed and took care of a rental home. It worked fine for their 12 years of marriage.
Japan Times
COMMENTARY / World
Sep 9, 2020
Bankers hit the limits on working from home
While it was possible to trade securities from home during the pandemic, regulators will want to keep a tight grip on trader compliance in a post-virus era.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores