Tag - banks

 
 

BANKS

Japan Times
BUSINESS
Jul 12, 2017
Nation's regional banks facing choice of mergers or extinction
Hiroshi Iwama and Mitsunori Watanabe used to joke about merging their banks in central Japan. When the Bank of Japan introduced negative interest rates last year, things got serious.
Japan Times
BUSINESS / Economy
Jul 12, 2017
Trump reportedly may replace Yellen at Fed with economic council head Gary Cohn, ex-Goldman Sachs president
U.S. President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen for a second term next year, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the process.
Japan Times
BUSINESS / Markets
Jun 30, 2017
Traders who left for hedge funds heading back to banks
Traders who fled banks for hedge funds are on their way back to Wall Street.
Japan Times
BUSINESS
Jun 30, 2017
Japan's mega-banks vie for top role as backers of clean energy
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks in clean energy.
Japan Times
BUSINESS / Companies
Jun 26, 2017
Nomura may charge ¥15 million research premium amid EU regulatory change
As the European ban on bundling research with brokerage services looms, Nomura Holdings Inc. has proposed that clients pay as much as 120,000 euros (about ¥15 million) a year to access their favorite analysts.
Japan Times
BUSINESS
Jun 26, 2017
Japanese banks vulnerable to shocks as dollar borrowing doubles: BIS
Japanese banks have more than doubled their borrowing and lending in dollars since 2007, leaving them vulnerable to funding shocks such as those that exacerbated the last financial crisis, according to the Bank for International Settlements.
Japan Times
BUSINESS / Companies
Jun 16, 2017
MUFG's drastic staff restructure set to cut 10,000 positions in 10 years
Japan's biggest bank is set to undergo the most dramatic reduction in head count since it was formed after the nation's banking crisis shook the industry almost 20 years ago.
Japan Times
BUSINESS
Jun 2, 2017
BOJ's total assets climbs to top ¥500 trillion for first time
The Bank of Japan said Friday its total assets surpassed ¥500 trillion ($4.5 trillion) for the first time, nearing Japan's gross domestic product due to massive purchases of assets under its aggressive monetary easing policy.
Japan Times
BUSINESS / Companies
May 25, 2017
Bank of Tokyo-Mitsubishi UFJ names deputy president as new chief
The Bank of Tokyo-Mitsubishi UFJ said Deputy President Kanetsugu Mike will be promoted to president on June 14, replacing Takashi Oyamada who assumed the position just over a year ago.
COMMUNITY / How-tos / LIFELINES
May 21, 2017
Don't bank on Japan's lenders making it easy to relocate abroad
A reader shares her experiences with internet banking upon leaving Japan on a temporary basis.
Japan Times
BUSINESS
May 18, 2017
Eyeing demographic shift, banks step up English services
When starting out in a new country, having a bank account is essential, but choosing a bank can be difficult without being familiar with banking systems or speaking the local language.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
BUSINESS / Economy
May 13, 2017
Abe's team sends mixed signals on joining China-led AIIB
The idea of Japan joining the China-led Asian Infrastructure Investment Bank is finding renewed enthusiasm within the administration of Prime Minister Shinzo Abe, sources have said.
Japan Times
BUSINESS / Companies
May 8, 2017
Aozora Bank relocates head office to Sophia University campus in Tokyo
Aozora Bank on Monday officially relocated its head office to the nearby campus of Sophia University in central Tokyo, while partnering with the school on a research project and an upcoming course on banking.
BUSINESS
Apr 19, 2017
Mizuho becomes second Japanese bank to make foray into Islamic finance with ICD credit deal
Mizuho Bank has become the second Japanese commercial bank to sign a "murabaha" credit facility agreement with Islamic Corporation for the Development of the Private Sector, an arm of the multinational Islamic Development Bank group.
WORLD
Apr 15, 2017
Hackers release files indicating NSA monitored global bank transfers
Hackers on Friday released documents and files that indicate the U.S. National Security Agency accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.
BUSINESS
Apr 4, 2017
More bankers unhappy with bonuses at foreign firms in Japan
An increasing number of bankers working at foreign firms in Japan are unhappy with their bonuses, and falling expectations for raises are giving them more cause to gripe, according to a Morgan McKinley survey.
ASIA PACIFIC / Crime & Legal
Apr 4, 2017
Cybersecurity firm finds evidence linking North Korea to New York Fed bank heist
Cybersecurity firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.
Japan Times
BUSINESS
Mar 21, 2017
Sending money overseas to get faster once banks pick winner among tech firms
In the quest for a faster and more traceable way to transfer money internationally, banks were gravitating a few years ago to Ripple, a platform backed by Silicon Valley luminaries and global financial institutions.
BUSINESS
Mar 16, 2017
North Korean hacking group likely behind recent attacks on banks
A North Korean hacking group known as Lazarus was likely behind a recent campaign targeting organizations in 31 countries, following high-profile attacks on Bangladesh Bank, Sony and South Korea, cybersecurity firm Symantec Corp. said on Wednesday.

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