Tag - banks

 
 

BANKS

Japan's top financial leaders are working to ease fears that AI will cost jobs, emphasizing its role in boosting efficiency and transforming work.
BUSINESS / Companies
Oct 10, 2025
Japan’s top bank CEOs push for AI, soothing worry over human work
In Japan, where the financial sector employs hundreds of thousands of people, the conversation over AI and its impact on work is picking up pace.
National Stadium in Tokyo
MORE SPORTS
Oct 8, 2025
Mitsubishi UFJ to acquire naming rights for National Stadium
The acquisition is expected to cost around ¥10 billion over five years.
A former MUFG Bank deputy branch manager was sentenced to nine years in prison on Monday for stealing cash and valuables from customers’ safe-deposit boxes.
JAPAN / Crime & Legal
Oct 6, 2025
Ex-MUFG banker given nine years in prison for safe-deposit box theft
Yukari Yamazaki had been indicted for stealing about ¥390 million worth of property including cash and gold bars.
Mitsubishi UFJ Financial Group is strengthening its focus on business catering to the rich, as a bullish Japanese stock market and recovering real estate prices have pushed up the number of such clients in recent years.
BUSINESS / Companies
Oct 3, 2025
MUFG is hiring more bankers in Japan wealth management push
MUFG is targeting clients with at least ¥300 million in total assets. The bank estimates that about 300,000 of its account holders fit that description.
Chiba Bank President Tsutomu Yonemoto (left) and Chiba Kogyo Bank President Hitoshi Umeda shake hands at a news conference on Monday in the city of Chiba.
BUSINESS / Companies
Sep 30, 2025
Chiba Bank and Chiba Kogyo Bank to integrate under holding firm
The merger will create Japan's second-largest regional banking group, after Fukuoka Financial Group.
Sumitomo Mitsui Financial Group is considering increasing its stake in Jefferies Financial Group as the Japanese lender deepens ties with the U.S. investment bank.
BUSINESS / Companies
Sep 19, 2025
Sumitomo Mitsui mulls raising stake in Jefferies to 20%
The two firms are also in discussions to merge parts of their equities businesses in Japan, potentially through the establishment of a joint venture.
Prosecutors have sought a 12-year prison sentence for a former MUFG Bank employee charged with stealing cash and gold from customers' safe deposit boxes.
JAPAN / Crime & Legal
Sep 19, 2025
Prosecutors seek 12-year sentence for former MUFG bank worker over thefts
Authorities said the defendant caused some ¥1.4 billion in financial damage to 70 customers since 2020.
A new type of Mizuho Bank outlet in Yokohama in March
BUSINESS / Companies
Sep 19, 2025
Major Japanese banks are opening new types of outlets
There is a hope to increase direct contact with customers again amid rising interest rates and the growing appetite for asset management services.
MUFG Bank's new outlet that will open in Tokyo's Minato Ward on Friday
BUSINESS / Companies
Sep 10, 2025
MUFG Bank to open retail outlet for first time in 20 years
Staff at the new retail outlet will chiefly help customers open accounts or give them advice on asset investment.
David Ha, the head of AI tech company Sakana AI, points at his laptop during an interview at the company's office in Tokyo on Aug. 28.
BUSINESS / Companies
Sep 10, 2025
Top Japan startup Sakana AI touts nature-inspired tech
Sakana aims to merge existing and new systems, large and small, to develop what it calls "collective intelligence."
Mizuho's bid to acquire a majority stake in India's Avendus Capital faces hurdles over valuation and the right exit option for KKR portfolio company, sources say.
BUSINESS / Companies
Sep 4, 2025
Mizuho’s India deal with Avendus said to stall on valuation
Mizuho was on the verge of buying a majority stake in Avendus in what would be the latest acquisition by a Japanese bank in India.
The new commercial real estate team fills a gap in Nomura’s securitized products and private credit unit, said Gordon Sweely, the group’s global head.
BUSINESS / Companies
Sep 4, 2025
Nomura builds commercial real estate platform with senior hires from Barclays
The new commercial real estate team fills a long-standing gap in Nomura’s securitized products and private credit unit.
Hiroshi Okada of the Financial Services Agency
BUSINESS / Companies
Sep 3, 2025
FSA urges rural banks to help companies get equity funding
The FSA is working to draw up a package of policy measures to expand regional banks’ roles in supporting economies hit by adverse demographic shifts.
Stefanie Drews, CEO of Amova Asset Management, speaks at an event in Tokyo on Monday.
BUSINESS / Companies
Sep 2, 2025
‘Nikko’ cut from new name of $260 billion Japanese fund manager
Nikko Asset Management is changing its name to Amova Asset Management.
Japan Post Bank plans to introduce DCJPY as a yen-backed digital currency.
BUSINESS / Companies
Sep 2, 2025
Japan Post Bank to issue yen deposit-backed digital currency in fiscal 2026
The currency will allow instant settlement for digital purchases and be subject to deposit insurance protection.
Mizuho Financial Group plans to deepen ties between its banking and securities units in Asia and Europe in order to boost revenues, according to Yutaka Nanjo, head of global investment banking at Mizuho Securities.
BUSINESS / Companies
Sep 2, 2025
Mizuho plans more dealmaking to become top Asia investment bank
Japan’s third-largest financial group is seeking to replicate the headways it has made in the U.S., where it far outranks its Japanese peers.
A building which houses the Hokuhoku Financial Group headquarters in Toyama.
BUSINESS / Markets
Aug 30, 2025
Best-performing Japan bank plays BOJ outlook with short debt
The president of Hokuhoku Financial Group said he expects the Bank of Japan to raise interest rates in October or December if "things go smoothly.”
A Citibank branch in Tokyo. Amid a talent war, the New York-based lender tried to convince a senior executive of equity distribution in Tokyo and his junior colleague to stay after they tendered resignations.
BUSINESS
Aug 29, 2025
Citigroup asks two Japan bankers to rethink leaving in talent war
The negotiations highlight the challenges facing global and local financial firms in Japan to retain top staff and attract newcomers.
A former MUFG Bank employee said in a court hearing that she committed thefts to make up for losses she had suffered from foreign exchange margin trading and horse-race betting.
JAPAN / Crime & Legal
Aug 26, 2025
Ex-MUFG Bank employee reveals ¥1.7 billion safe-deposit thefts
A former MUFG Bank employee said during a court hearing on Monday that she stole items worth ¥1.7 billion to ¥1.8 billion, including cash and gold, from around 100 people, in a high-profile safe-deposit theft case.
Four leading Japanese life insurance companies will stop sending employees on loan to agents and banks for insurance sales, following recent scandals involving these workers, sources revealed on Monday.
JAPAN
Aug 26, 2025
Japanese life insurers to stop transferring workers on loan
The move follows a series of scandals in which employees sent to sales agents leaked rival insurers' customer information.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?