Tag - banks

 
 

BANKS

Japan Times
ASIA PACIFIC
Jul 10, 2022
Hundreds protest against corruption in central China
Hit hard by the country's economic slowdown, some banks in Henan province have frozen all cash withdrawals, leaving small savers without funds and sparking sporadic demonstrations.
Japan Times
BUSINESS
Jun 28, 2022
Credit Suisse found guilty of money laundering in Swiss cocaine cash case
Experts say the fact that Switzerland has taken legal action against a global banking player like Credit Suisse could send a powerful message in a country famous for its banking industry.
Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS / Markets / FOCUS
Jun 19, 2022
Once feted for pandemic heroics, world's central banks face an uneasy crowd
Faith has begun to erode that policymakers will hit their typical 2% inflation targets any time soon — a worrisome development that's begun shaping central banks' own reactions.
Japan Times
BUSINESS / Economy
Jun 15, 2022
World’s central banks got it wrong, and economies pay the price
The blunders by monetary mavens tarnish a reputation of ensuring price stability and preventing the kind of inflationary spiral that hammered middle-class incomes in the 1970s.
Japan Times
BUSINESS
Jun 13, 2022
Wall Street's China problems multiply with warning on banker pay
Don't reward your top people too lavishly, Chinese regulators warned banks this year in meetings in Shanghai and Beijing, or you might run afoul of the Communist Party.
Japan Times
BUSINESS / Companies
Jun 8, 2022
Mizuho playing catch-up on transaction banking and plans more hires
The firm is seeking to grow its head count to add to the roughly 160 transaction bankers it already has in Asia, CEO Masahiko Kato said, without specifying a number.
BUSINESS
Jun 3, 2022
Japan passes stablecoin bill that enshrines investor protection
Stablecoins must be linked to the yen or another legal tender and guarantee holders the right to redeem them at face value.
Japan Times
BUSINESS / Markets
May 31, 2022
Chinese banks overflow with cash that nobody wants to borrow
The reluctance to borrow stems in large part from uncertainty over China's COVID-19 curbs, and whether future outbreaks could lead to repeated lockdowns.
Japan Times
BUSINESS / Companies
May 17, 2022
Nomura targets up to 90% jump in core pretax income in three years
Nomura said on Tuesday it would aim for annual pretax income of u00a5350 billion to u00a5390 billion for its three core divisions in the year ending in March 2025.
Japan Times
BUSINESS / Companies
May 16, 2022
Japan's top lender MUFG expects profit fall after record year
Japan's largest lender has said it expects a 12% drop in annual net profit due to market volatility and an uncertain economic outlook.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
BUSINESS
May 6, 2022
Bankers quit jobs for shot at riches in ‘Wall Street of crypto’
In the shadow of Dubai's sail-shaped Burj Al Arab hotel, cryptocurrency executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers.
Japan Times
BUSINESS / Economy / ANALYSIS
May 6, 2022
Banks face reversal of fortune from war and runaway inflation
Banks are having to quickly get to grips with a sharp rise in the risk of doing business as corporate and retail borrowers juggle higher loan costs with soaring costs.
Japan Times
COMMENTARY / World
May 3, 2022
Sorry savers, banks no longer want your money
Banks have more money than they know what to do with and they don't need or want any more of yours.
Japan Times
WORLD
May 2, 2022
One Russian tycoon criticized the war. Retribution came the next day.
Oleg Y. Tinkov was worth more than $9 billion in November. Then, last month, Tinkov, the founder of one of Russia's biggest banks, criticized the war in Ukraine in a post on Instagram.
Japan Times
BUSINESS
May 2, 2022
End of easy money brings a $410 billion global financial shock
Unlike previous tightening cycles when the U.S. Federal Reserve was alone in shrinking its balance sheet, this time others are expected to do likewise.
Japan Times
BUSINESS / Companies
Apr 26, 2022
Norinchukin Bank seeks European deals to complete global comeback
The bank is in active discussions with managers of European CLOs to put money into the structured products that bundle up leveraged loans into bonds of varying degrees of risk.
Japan Times
BUSINESS / Companies
Apr 26, 2022
New Mizuho CEO plans to expand U.S. capital markets business
The firm wants to hire bankers to build its businesses with non-investment grade companies and leveraged buyout financing, Masahiro Kihara says.

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