Tag - banks

 
 

BANKS

BUSINESS / Markets
Feb 10, 2020
Japanese asset manager awaits flood of money from regional banks
Japanese financial conglomerate SBI Holdings Inc. anticipates a flood of money from yield-starved regional banks that need help reinvesting cash after redeeming government bonds.
Japan Times
BUSINESS
Feb 6, 2020
Goldman Sachs poised to enter Japan wealth management business
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said.
Japan Times
BUSINESS / Companies
Feb 5, 2020
MUFG just posted first quarterly loss in a decade
Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank.
BUSINESS / Companies
Jan 30, 2020
SBI Sumishin Net Bank considers going public
SBI Sumishin Net Bank is considering going public and becoming Japan's first listed internet-only bank without any physical branches, according to sources with knowledge of the matter.
Japan Times
BUSINESS
Jan 27, 2020
Japanese banks' fortress mentality puts them on trailing edge of fintech revolution
Japan's effort to nudge its more than 100 struggling regional lenders into the digital age is floundering.
Japan Times
BUSINESS / Companies
Jan 24, 2020
Japan's largest bank offers users ¥1,000 to give up paper passbooks and go digital
To encourage more customers to go digital, Japan's largest bank is offering depositors who give up their paper bankbooks a ¥1,000 reward.
BUSINESS
Jan 23, 2020
Bank of Japan to ramp up research with an eye on its own cryptocurrency
The Bank of Japan has said it aims to accelerate research on digital currencies in cooperation with foreign central banks, amid rapid developments in financial technologies.
Japan Times
BUSINESS / Companies
Jan 17, 2020
MUFG taps math expert as CEO to lead digital transformation amid Japan's negative rates
Mitsubishi UFJ Financial Group Inc. named Hironori Kamezawa as chief executive officer on Friday, turning to a math expert to help Japan's biggest bank forge a path in the digital era.
Japan Times
BUSINESS
Jan 9, 2020
Japan firms pull staff out of Iran and limit Iraq travel amid high tensions
As of Oct. 1, 2018, Japanese companies have 30 operational bases in Iran, according to the Ministry of Foreign Affairs.
Japan Times
BUSINESS
Jan 7, 2020
Switzerland's Julius Baer among banks linked to Carlos Ghosn, report says
Carlos Ghosn has banked with Switzerland's Julius Baer Group Ltd. for years and the private lender must make a decision on whether to report the link to authorities, according to Inside Paradeplatz.
Japan Times
BUSINESS / Economy
Jan 6, 2020
China vows increased measures to 'win' battle against growing bank risks
China pledged to step up measures to shore up its troubled banks and small businesses while continuing a crackdown on shadow banking and property speculation, in a difficult balancing act that risks exacerbating a buildup in bad debt at its traditional lenders.
Japan Times
BUSINESS
Jan 2, 2020
U.K.'s Lloyds Banking Group reports disruption to online services
Britain's Lloyds Banking Group suffered an outage on Wednesday that left customers of its Lloyds, Halifax and Bank of Scotland operations unable to access their accounts online.

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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.