Tag - banking

 
 

BANKING

Japan Times
BUSINESS
Nov 26, 2019
Specter of funding crunch looms over runs at China's small banks
Bundles of yuan notes were stacked high behind the counters of branches of Yingkou Coastal Bank earlier this month, as the northeast China lender fought off a run on deposits while on-site government officials battled rumors of a funding crunch.
EDITORIALS
May 11, 2019
Regional banks in trouble
The worsening performance of regional banks bodes ill for the companies and other borrowers that sustain regional economies.
Japan Times
BUSINESS
Dec 26, 2018
Head of Rothschild in Russia pens fairy tales between flights
Giovanni Salvetti, the head of Rothschild in Russia and CIS, takes five flights a week in his job managing the bank's operations from Kazakhstan to Ukraine.
Japan Times
WORLD
Aug 10, 2018
How three women shattered glass ceilings to become the first female chief economists at global banks
There's a particular telephone conversation that HSBC Global Chief Economist Janet Henry has down pat.
Japan Times
JAPAN / Media / Japan Pulse
Jul 21, 2018
Plight of 'Mizuho refugees' stirs debate on banking services in Japan
Imagine wrapping up a tough work week and jumping into a three-day weekend. Maybe you just plan on lounging around at home with the air conditioner on at full blast. Or perhaps you’ll hit the road and head out of the city to get a welcome break from urban life. At some point you’ll probably need to withdraw some cash for the weekend, so you venture down to your nearest ATM … and find out the whole system is down until the following Tuesday.
Japan Times
BUSINESS
Jun 10, 2018
Swiss 'real money' initiative fails after lack of support from cantons
A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money has been defeated after failing to win a majority of support from the Swiss cantons, Swiss broadcaster SRF said Sunday.
Japan Times
BUSINESS / Markets
Feb 2, 2018
Big U.S. banks accept OPEC was right as they embrace oil near $80
Wall Street's biggest banks have changed sides and are embracing a surge in oil prices.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 27, 2018
Is artificial intelligence killing Japan's banks?
As part of an ongoing series about artificial intelligence, the Asahi Shimbun on Jan. 11 published a story that asserts the financial industry has adopted AI more readily than any other. Because finance is a data-driven endeavor, designing AI software to do things such as read and analyze reams of economic information and project future investment performance is progressing rapidly. Moreover, voice recognition is becoming so advanced that standing clients and potential customers will no longer have to talk to humans about their financial needs. Even if a person is going to make the final decision about a transaction, most of the work has already been done.
EDITORIALS
Dec 12, 2017
Two decades after Japan's financial crisis
Japan's financial crisis may seem like ancient history, but banks are now facing considerable challenges.
Japan Times
BUSINESS / Companies
Oct 28, 2017
Mizuho mulls cutting 19,000 employees worldwide in 10-year cull
Mizuho Financial Group Inc. is considering cutting about 19,000 employees in Japan and abroad over a 10-year period, accounting for one-third of its entire labor force, a source familiar with the matter said Saturday.
COMMUNITY / How-tos / LIFELINES
Aug 20, 2017
On inheritance tax, net banking and retiring in Japan
This week, Lifelines plays catch-up with some useful tips that have come in from readers over the past few months. However, we start off with a follow-up question from reader S.S. in response to last month's column on recent changes in Japan's inheritance tax laws (bit.ly/jtinheritax) It seems S.S. spends part of the year in Japan and the rest of the time abroad. He writes:
Japan Times
BUSINESS / YEN FOR LIVING
May 12, 2017
Japan waking up to the problems of sleeping cash
In recent weeks there have been two well-reported robberies of people carrying large amounts of cash on the street. Thieves got away with ¥384 million after attacking a merchant in a Fukuoka parking lot. In Tokyo's Ginza district, a mugger managed to take ¥40 million from a man walking along a popular shopping boulevard. Both crimes happened in broad daylight.
ASIA PACIFIC
Sep 26, 2016
China probes North Korea bank suspected of nuclear link: report
China is investigating executives of a North Korean bank believed to finance the illicit procurement of arms and materials related to the isolated country's banned nuclear program, South Korea's JoongAng Daily reported on Monday.
COMMENTARY / Japan
Sep 14, 2015
Japan Post IPO could provide much-needed jolt
The Japan Post initial public offering could be just what the doctor ordered to enliven the country's stagnant banking sector.
BUSINESS
Apr 7, 2015
World's foreign currency reserves falling after hitting peak of $12 trillion
The decade-long surge in foreign-currency reserves held by the world's central banks is coming to an end.
COMMENTARY / World
Mar 2, 2015
Five-step plan for restoring growth to Europe
The real economic challenge in Europe is overcoming continued stagnation and rising public-sector fiscal pressures in bloated welfare states with rapidly aging populations. Restoring growth will require bold solutions to five related problems.
WORLD / Crime & Legal
Dec 19, 2014
U.S. weighs response to Sony hacking attack blamed on North Korea
The United States was considering possible options on Thursday in response to a major cyberattack on Sony Pictures blamed on North Korea, amid calls for tougher sanctions on Pyongyang to cut it off from the global banking system.
BUSINESS / Companies
Nov 17, 2014
Citigroup reportedly favors Sumitomo Mitsui to buy Japan retail bank
Citigroup Inc. plans to give Sumitomo Mitsui Financial Group Inc. the right of first refusal this month to buy its Japanese consumer-banking business, sources said.
BUSINESS / Companies
Sep 12, 2014
Megabanks bid for Citigroup's retail operation
An auction to sell Citigroup Inc.'s consumer banking business in Japan apparently attracted around six domestic lenders, including the three largest banks, sources close to the matter said Friday.
JAPAN / Crime & Legal
Sep 4, 2014
Cyberthefts hit record ¥1.85 billion in Japan
Cyberthieves continue to raid Japanese banks with ease, stealing ¥1.85 billion in the first half alone and breaking the full-year record set in 2013.

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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