Tag - banks

 
 

BANKS

Japan Times
WORLD / Crime & Legal
Aug 28, 2019
Deutsche Bank says records sought in Trump congressional probe include tax returns, without elaborating
Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday.
Japan Times
BUSINESS
Aug 26, 2019
China's companies have unseen foreign debt that's maturing fast
The foreign debt built up by Chinese companies is about a third bigger than official data show, adding to the pressure on the country's currency reserves as a wave of repayment obligations approaches in 2020.
Japan Times
BUSINESS
Aug 24, 2019
World needs to end risky reliance on U.S. dollar, BoE's Mark Carney says
Bank of England Gov. Mark Carney took aim at the dollar's "destabilizing" role in the global economy on Friday and said central banks might need to join together to create their own replacement reserve currency.
BUSINESS
Aug 20, 2019
Line and Nomura launch zero-commission online brokerage for Japanese stocks
Line Corp. and Nomura Holdings Inc. said they have launched an online brokerage venture that will charge zero commissions for trading in Japanese shares.
Japan Times
BUSINESS / ANALYSIS
Aug 14, 2019
Going negative? As trade war rages, central banks ponder radical steps
The negative interest rate policy — an unconventional gambit once only considered by economies with chronically low inflation, such as Europe and Japan — is becoming a more attractive option for other central banks eager to counter unwelcome currency rises.
BUSINESS / Companies
Aug 9, 2019
Apple and Goldman Sachs roll out virtual credit card
Apple Inc. and Goldman Sachs Group Inc. rolled out a virtual credit card on Tuesday, which will help the iPhone-maker diversify from device sales and also build out the Wall Street bank's new consumer business.
BUSINESS / Companies
Aug 9, 2019
Japan government to become top shareholder of Shinsei Bank
The government is expected to replace J.C. Flowers & Co. as the top shareholder of Shinsei Bank after the institution said Thursday that the U.S. investment firm will sell most of its stake in the bank.
BUSINESS
Aug 9, 2019
Japan Post Bank to cap overseas remittances to ¥5 million a day to tackle money laundering
Japan Post Bank Co. and Japan Post Co. will limit the amount of funds that can be sent via their overseas bank transfer service to tackle money laundering.
Japan Times
BUSINESS
Aug 5, 2019
Shadow banking crisis a key factor in India's auto sector plunge
Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning — not a single customer was in sight.
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
BUSINESS / Economy
Jul 23, 2019
Negative rates hit pocketbooks of Japan's bankers
It's not just banks that are feeling the squeeze from the Bank of Japan's negative interest rates, their employees are too.
EDITORIALS
Jul 12, 2019
Central banks under attack
The world needs strong and capable economic management.
Japan Times
COMMENTARY / World
Jul 9, 2019
Central banks under siege of populism
In the age of Trump, the Fed's independence from the government is under even greater threat.
BUSINESS
Jul 9, 2019
Japan grants certification for first time to 'information banks'
The Information Technology Federation of Japan has certified FeliCa Pocket Marketing Inc. and Sumitomo Mitsui Trust Bank as "information banks" to allow companies to use personal data for business purposes.
Japan Times
BUSINESS / Companies
Jul 8, 2019
Japan regional bank Concordia targets comeback abroad with Southeast Asia foray
One of Japan's biggest regional banks is resuming an expansion overseas, 20 years after the country's financial crisis forced it to retreat.
Japan Times
BUSINESS / Markets
Jul 8, 2019
Trump again tries to talk down Fed rate as he grooms possible successors to Jerome Powell
President Donald Trump wrapped up the weekend as he started it, jawboning the Federal Reserve to lower interest rates at a time when he may be sizing up his two latest picks for Fed governor as successors to Chairman Jerome Powell.
Japan Times
BUSINESS / Economy
Jul 5, 2019
BOJ deputy governor says central bank ready to increase stimulus, and all options are on table
Bank of Japan Deputy Gov. Masayoshi Amamiya on Friday said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation.
Japan Times
BUSINESS / Companies
Jun 27, 2019
MUFG on track to be Japan's first yuan clearing bank after expected Abe-Xi deal at Osaka G20
MUFG Bank is expected to become the first Japanese bank to be designated as a yuan clearing bank, sources said Wednesday.

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.