Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
Jul 8, 2020
Banks with ‘shattered’ business models warned by Japan to adapt
Concerns are mounting that some banks are too weak to withstand the coronavirus-fueled recession and may eventually need to be rescued or delisted.
Japan Times
BUSINESS / Companies
Jun 25, 2020
Mizuho investors reject Japan's first shareholder climate resolution
The resolution would have required Mizuho to disclose climate risks and publish a plan to ensure its investments are aligned with the Paris Agreement.
Japan Times
BUSINESS / Companies
Jun 23, 2020
Environmental shareholder activism comes to Japan as Mizuho faces climate resolution
If the resolution is passed, it could push Japanese banks to live up to recent commitments to end lending for the dirtiest fossil fuel.
Japan Times
BUSINESS / Economy
Jun 22, 2020
Lawmakers offer help to Japanese banks battling fintech firms
The ruling-party lawmakers are looking to make it easier for banks to expand into different industries.
Japan Times
WORLD / Society
Jun 19, 2020
U.K. firms apologize for slavery links as Bank of England plans to remove pictures
Global protests sparked by the killing of George Floyd are pushing the U.K. to acknowledge past links to slavery and racism.
Japan Times
BUSINESS / Economy
Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
BUSINESS
Jun 16, 2020
Abe eyes cutting interbank fees to promote cashless payments
Prime Minister Shinzo Abe said Tuesday that the government will aim to cut interbank money transfer fees in a bid to promote cashless payment in the country.
Japan Times
BUSINESS / Markets
Jun 15, 2020
BOJ looks to sit tight while assessing coronavirus response
The central bank doesn't see a pressing need for further moves now but many economists surveyed expect the size of its loan program linked to state lending to rise.
Japan Times
BUSINESS / Markets
Jun 12, 2020
Bank of Japan’s aid to lenders hasn't warmed them to negative rates
For the country's commercial banks, the BOJ's sub-zero rates strategy aimed at stimulating the economy and prices has eroded their profit margins.
BUSINESS / Companies
Jun 11, 2020
Mizuho to deploy billions in riskier funding to help Japan's firms with virus fallout
The bank is in talks with corporate clients to provide financing via subordinated loans and purchases of preferred shares totaling more than u00a5100 billion.
Japan Times
BUSINESS
Jun 11, 2020
Fed sees zero rates through 2022 and commits to keep buying bonds
All policymakers expect the funds rate to stay near zero through 2021, and perhaps beyond, to address 'considerable risks” over the medium term.
Japan Times
BUSINESS / Companies
Jun 8, 2020
HSBC’s tightrope act opens up internal fault lines in Hong Kong turmoil
HSBC Holdings PLC’s endorsement of a proposed Chinese security law in Hong Kong has begun to widen fault lines over the British institution’s relationship to the city’s masters in Beijing.
Japan Times
BUSINESS
Jun 7, 2020
Nomura to rethink office space as new CEO seeks deeper cuts
Nomura Holdings Inc.’s use of office space is part of a sweeping review ordered up by its new chief executive as the brokerage looks to shave costs in the wake of the coronavirus pandemic.
Japan Times
BUSINESS / Economy
May 22, 2020
As inflation turns negative, BOJ keeps focus on helping businesses
Data released earlier in the day showing the nation's key inflation rate falling below zero for the first time in more than three years.
Japan Times
COMMENTARY / Japan
May 18, 2020
Central banks have let the genie out of the bottle
If anyone knows how hard it is to roll back extraordinary monetary support, it's Japan.
Japan Times
BUSINESS / Economy
May 15, 2020
Japan's banks expect highest bad-loan costs since 2008 financial crisis
Banks worldwide are setting aside billions of dollars for defaults for potentially the worst global recession since the Great Depression.
Japan Times
BUSINESS
May 12, 2020
Resona to cut headcount by 3,100 over three years
Resona Holdings Inc. plans to trim headcount by about 3,100 staff, or almost 10 percent of its workforce, over three years as the Japanese bank seeks to cut costs to offset dwindling lending profits.
BUSINESS
May 11, 2020
BOJ gets first female executive director in 138-year history
Tokiko Shimizu's appointment as one of only six BOJ executive directors is another step forward for gender equality at the central bank.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.