Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
Aug 21, 2017
Citigroup plans to move Tokyo headquarters, bringing brokerage and banking ops together
Citigroup Inc. will move its Japan headquarters and about 1,200 employees to a new building in Tokyo by the end of the third quarter, according to people familiar with the matter.
EDITORIALS
Aug 17, 2017
Regional banks' merger dilemma
Regional banks pursuing mergers to ensure their survival should also scrutinize their operations to find areas where they can improve their performances.
Japan Times
BUSINESS / Companies
Aug 12, 2017
In bid to go global, MUFG woos overseas talent
Andrew Mitola had never heard of Mitsubishi UFJ Financial Group Inc. until he met recruiters for the bank during his junior year of college.
Japan Times
ASIA PACIFIC
Aug 9, 2017
China banks appear to get temporary U.S. reprieve after U.N. sanctions deal
The Trump administration appears to be granting Chinese banks dealing with North Korea a temporary reprieve from threatened U.S. sanctions to give Beijing time to show it is serious about enforcing new U.N. steps against Pyongyang, U.S. officials said.
Japan Times
BUSINESS / Companies
Aug 1, 2017
MUFG arms itself with ¥1 trillion war chest for acquisitions
Mitsubishi UFJ Financial Group Inc.'s trust banking arm is seeking acquisitions abroad and has ¥1 trillion to spend as it seeks to become one of the 15 biggest asset managers worldwide.
Japan Times
BUSINESS / Companies
Jul 13, 2017
MUFG plans to take on Wall Street banking rivals in lending push
Mitsubishi UFJ Financial Group Inc. is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals.
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.
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.
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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