Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
Jan 5, 2023
Japan's SMFG to extend Jefferies alliance beyond U.S., CEO says
'We will cooperate anywhere we can,' leveraging Jefferies' investment banking expertise and SMFG's huge balance sheet, Jun Ohta said.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Jan 1, 2023
Japan Times 1948: Tojo's stock rises but he is not likely to become a martyr
News at the start of the new year often focuses on holiday celebrations and feel-good stories as the front pages of 1923 and 1948 show.
Japan Times
BUSINESS
Dec 30, 2022
Five major Japanese banks to raise housing loan rates in January
The decision comes in the wake of a rise in long-term government bond yields following a policy revision by the Bank of Japan.
Japan Times
BUSINESS / Companies
Dec 23, 2022
MUFG weighs more share buybacks to boost returns as cash grows
The plan underscores the challenges facing Japan's biggest banks as they weigh how to invest billions of dollars in profits amid ultralow interest rates and tepid loan demand at home.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 16, 2022
No turning back: Global central banks vow to stay the course on inflation
It's a set of decisions that will shape the global economy in 2023, influencing exchange rates and terms of trade, and, risking a deeper-than-needed correction if they get it wrong.
Japan Times
BUSINESS / Companies
Dec 16, 2022
Japanese banks agree to back Toshiba’s preferred bidder, sources say
The four major banks are finalizing the details and could issue commitment letters as soon as the end of this month, the sources said.
Japan Times
COMMENTARY / World
Dec 14, 2022
Bank runs just aren’t what they used to be
The collapse of the FTX crypto exchange and the flood of assets out of lenders like Credit Suisse are not the same as the bank runs of years gone by and are much more benign in comparison.
Japan Times
COMMENTARY / World
Dec 12, 2022
China developing the digital yuan to protect its interests
The ruling Communist Party is sacrificing innovation on the altar of social stability.
Japan Times
BUSINESS / Companies
Nov 28, 2022
Toshiba’s preferred bid delayed amid loan uncertainty, sources say
Banks are considering issuing commitment letters for loans to a consortium led by Japan Industrial Partners and aren't expected to make a decision until mid-December, later than planned.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Nov 28, 2022
10 years in making, Tohoku regional banks taking on new challenges
Human resource development and smartphone apps are among the initiatives being adopted by financial institutions in the region.
Japan Times
BUSINESS / Companies
Nov 24, 2022
Mitsubishi UFJ to buy two Asia units of Home Credit for $620 million
The deal comes as Japan's largest lender aims to beef up its business in Asia to tap growth in consumption in emerging markets.
Japan Times
BUSINESS / FOCUS
Nov 24, 2022
Bankers pour cold water on red hot coal
Western banks are under pressure from shareholders to show action on climate change, so coal executives are having to scout for alternative funding.
Japan Times
BUSINESS
Nov 18, 2022
As recession looms, British business sends out lending SOS
Banks are increasingly nervous about extending credit to small companies, as rising costs put the business case of lending to such companies under unprecedented strain.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Japan’s megabanks plan $2.5 billion buybacks
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group both said they will buy back shares while Mizuho Financial Group upped a dividend forecast.
Japan Times
BUSINESS
Nov 8, 2022
U.S. asks banks to maintain ties with Russia, despite frustration in Congress
The quiet effort is part of the administration's push to minimize adverse impacts of the sanctions regime designed to punish Russia.
Japan Times
BUSINESS / Companies
Nov 7, 2022
Fate of Toshiba management causing friction for banks in buyout plan
There is concern preferred bidder JIP's plan to retain Toshiba CEO Taro Shimada and his team could impede the reorganization needed to put the firm on the road to recovery.
Japan Times
COMMENTARY / Japan
Nov 2, 2022
Japan asks if it’s better to flip burgers than work at a megabank
The weak yen makes the wages of Japan's long-suffering workers seem absurdly low.
Japan Times
BUSINESS / Companies
Oct 24, 2022
Japan’s banks break with Wall Street by embracing hybrid work
The nation's three largest lenders said they are allowing more flexibility, eschewing a minimum number of office days per week, as experienced elsewhere.

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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.