Tag - banks

 
 

BANKS

Japan Times
BUSINESS
Oct 14, 2022
Banks try quiet quitting on net-zero goals
Some big banks seem worried they jumped on the zero emissions bandwagon too soon, especially as oil and gas companies have experienced a market resurgence.
Japan Times
WORLD
Oct 11, 2022
Bernanke and two academics win Nobel in economics for work on banks’ role in crises
Former Federal Reserve chair Ben Bernanke and economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil.
Japan Times
BUSINESS
Oct 7, 2022
Sumitomo Mitsui punished for market-rigging at brokerage arm
The financial watchdog also ordered SMBC Nikko to suspend operations related to block offers for three months, in a fresh blow to the company's reputation.
Japan Times
BUSINESS / Companies
Sep 29, 2022
Watchdog recommends punishment for SMBC Nikko over alleged manipulation
The measures typically entail temporary business suspensions or orders to improve internal controls, among other things.
Japan Times
BUSINESS
Sep 24, 2022
SMBC Nikko to face administrative penalties over stock manipulation
Based on the recommendation, the Financial Services Agency is expected to impose penalties on the firm, including an order for the company to suspend part of its operations.
Japan Times
BUSINESS / Economy
Sep 23, 2022
It’s every nation for itself as dollar batters global currencies
Japan has become the latest major country to step directly into the foreign-exchange fray, joining nations from India to Chile that have been tapping their dollar stockpiles.
Japan Times
BUSINESS / Economy
Sep 21, 2022
ADB cuts developing Asia growth view on slowing China expansion
Sporadic COVID-19 outbreaks and new lockdowns have weakened China's growth, which the ADB said will be slower than the rest of developing Asia for the first time in more than three decades.
Japan Times
BUSINESS
Sep 14, 2022
Wall Street push by Japan banks under scrutiny as rates rise
Faced with ultralow interest rates and tepid loan demand at home, banks in Japan have been ramping up corporate lending and bond underwriting overseas.
Japan Times
BUSINESS
Sep 2, 2022
Banks battle back-to-office fatigue with ping pong, snacks and indoor gardens
With expenses like fuel and food rising rapidly, workers have further reason to want to stay away, handing employers a challenge to increase the appeal of office working.
Japan Times
BUSINESS / Markets
Aug 23, 2022
Mega-banks boost support for startups in line with Kishida's 'new capitalism' plan
Japan's largest banks have set up dedicated sections for startups, focusing on support in the fields of finance and human resources as well as assistance with initial public offerings.
Japan Times
BUSINESS / Economy / ANALYSIS
Aug 17, 2022
Trapped cash mangles China's policy plans
Even before the rate cuts, China's interbank market rates were already much lower than policy rates, making PBOC's move look superfluous.
Japan Times
BUSINESS / Companies
Aug 16, 2022
Japan's Mizuho Securities looking at opportunities for U.S. growth
Its U.S. business, which is mainly investment banking and trading, accounts for roughly a third of the Japanese brokerage's profit.
Japan Times
BUSINESS / Companies
Jul 25, 2022
Japan’s biggest lender seeks bankers for the rich in wealth push
Mitsubishi UFJ Financial Group plans to expand a team of bankers serving rich clients as the lender seeks to draw more of its bank customers to higher-value services.
Japan Times
BUSINESS / ANALYSIS
Jul 21, 2022
As inflation hits, Asia’s central banks play catch-up in global rush to raise rates
The rest of the world, including emerging markets, began lifting rates as early as last June, after the U.S. Federal Reserve kicked off an accelerated timeline for its policy tightening.
Japan Times
BUSINESS
Jul 15, 2022
China property crisis is spiraling with homebuyers’ boycott
Mounting signs of stress this week in an industry that accounts for about a quarter of the world's second-largest economy are roiling China's credit markets.
Japan Times
BUSINESS / Companies
Jul 14, 2022
MUFG said to be considering bid for Indonesia’s Panin Bank
The interest in Panin Bank comes as the Gunawan family, which controls about 46% of shares in the Southeast Asian bank, is also working to explore options for its stake.
Japan Times
ASIA PACIFIC
Jul 13, 2022
Chinese homebuyers across 22 cities refuse to pay mortgages
The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class.
Japan Times
BUSINESS
Jul 12, 2022
Fossil fuel deals aren’t worth it for banks, climate group says
For 22 leading global banks, revenue from arranging bond sales for coal, oil and gas companies represents an estimated 0.01% to 0.06% of their total corporate debt underwriting fees.
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.

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