Tag - banks

 
 

BANKS

Japan Times
BUSINESS
Dec 24, 2018
U.S. Treasury Secretary Steven Mnuchin's bid to calm markets risks making bad situation worse
Treasury Secretary Steven Mnuchin looked to quash big-bank worries over plunging stock markets and reports that President Donald Trump might move on his Federal Reserve chief by assuring the financial community Sunday that market liquidity is in good shape.
Japan Times
BUSINESS / Markets
Dec 22, 2018
Trump said to discuss firing Fed chief Powell after irked by latest rate hike
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following the past week's interest rate hike and months of stock market losses, according to four people familiar with the matter.
Japan Times
BUSINESS
Dec 16, 2018
Fate of $1 trillion in risky U.S. loans may be in Japan's hands
Japanese banks might have snapped up a third of the loans made to highly indebted U.S. companies, propelling the size of the market past $1 trillion.
Japan Times
WORLD / Crime & Legal
Dec 8, 2018
Shootout at Brazilian bank robbery kills 14
Fourteen people including six hostages were killed early on Friday in a shootout between police and bank robbers attempting to blow up ATMs at two banks in a small town in northeastern Brazil, authorities said.
Japan Times
BUSINESS / Economy
Nov 19, 2018
Regional banks' profit woes could damage financial system, Japan's central banker warns
Bank of Japan Gov. Haruhiko Kuroda warned Monday that declining profits at regional banks could hurt the economy by potentially destabilizing the financial system.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Japan's Mitsubishi UFJ buys up Commonwealth Bank of Australia's asset arm for $2.9 billion
The upheaval in Australia's scandal-tainted banking industry has handed Japan's largest banking group a long-awaited opportunity to get a bigger foothold in the global asset management industry.
Japan Times
BUSINESS / Economy
Oct 19, 2018
China urges investor calm while stopping short of market rescue
China's top financial officials moved to shore up confidence in the country's tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sell-off since 2015 from infecting the world's second-largest economy.
Japan Times
BUSINESS / Companies
Oct 15, 2018
Mizuho to hire hospitality and media veterans as it expands corporate access services in Japan
Flight attendants and television producers seeking a career change might want to look up Japan's third-biggest bank.
Japan Times
BUSINESS
Oct 9, 2018
North Korea hackers tried to get $1.1 billion in global bank attacks: FireEye
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc.
Japan Times
BUSINESS / Markets
Oct 8, 2018
China slashes banks' reserve requirements as trade war with U.S. imperils growth
China's central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
EDITORIALS
Sep 12, 2018
A regional bank's unscrupulous lending bites back
A regional bank's unusually strong performance was propped up by dubious lending practices.
COMMENTARY / World
Sep 4, 2018
Cash ban may have driven Indians away from banks
The chaos of demonetization probably made millions leery of formal finance.
EDITORIALS
Aug 29, 2018
Promoting regional bank mergers
The upheaval in Japan's demographics is causing a shake-up in the regional banking sector, requiring wise oversight by regulators.
Japan Times
BUSINESS / Companies / FOCUS
Aug 24, 2018
Mizuho's new leader Tatsufumi Sakai gears up to reform struggling mega-bank
When Tatsufumi Sakai was named chief executive and president of Mizuho Financial Group this year, many bankers and investors were surprised.
BUSINESS
Aug 23, 2018
'Don't blame BOJ,' FSA chief Toshihide Endo tells struggling regional banks
The nation's top financial regulator said regional banks "should not blame the Bank of Japan" for their woes, urging them to explore ways to survive ultralow interest rates.

Longform

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.