Tag - banks

 
 

BANKS

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.
Japan Times
BUSINESS / Economy
Mar 13, 2017
Economy seen hurting as thousands of Japan's 'zombie' firms legally dodge bankruptcy
The owner of a car repair business in northwest Tokyo has been digging into his retirement fund to keep his shop going. He's in his mid-60s, he's not making money and he knows he'll eventually have to close down.
Japan Times
BUSINESS
Feb 23, 2017
Regional underdog shows Japanese banks how to beat demographics
Critics say Kochi Shinkin Bank has lost its way and is acting more like an investment firm than a regional lender. Supporters say it shows that provincial banks can thrive in Japan even as their customer base shrinks, so long as they're prepared to adopt new business models.
Japan Times
JAPAN
Feb 17, 2017
Japanese protesters demand mega-banks end funding for Dakota pipeline project
Citizens groups deliver a petition to three of Japan's biggest banks demanding that they stop funding the Dakota oil pipeline project reactivated by U.S. President Donald Trump.
Japan Times
BUSINESS
Feb 6, 2017
A year later, Japan banks brave negative rates thanks in part to Trump
Japan's biggest banks have navigated through a year of negative interest rates and choppy financial markets with their profits intact, thanks at least in part to Donald Trump.
Japan Times
BUSINESS / Economy
Dec 23, 2016
Trump pick Carl Icahn denies conflict of interest, says EPA, bank regulations hurting U.S. economy
Billionaire investor Carl Icahn targeted environmental and banking regulations on Thursday as big drags on U.S. corporate investment and said revamping them would be a priority in his role as adviser to President-elect Donald Trump.
ASIA PACIFIC / Crime & Legal
Nov 23, 2016
Philippines charges bankers for ignoring cyberheist
The Philippines has filed charges against five officials of RCBC bank and a former treasurer who "wilfully ignored" suspicious activity that led to tens of millions of dollars vanishing after a heist on Bangladesh's central bank.
BUSINESS / Economy
Nov 12, 2016
U.S. should have joined China-led AIIB: Trump adviser
A top adviser to U.S. President-elect Donald Trump lashed out at the Obama administration for failing to embrace the China-led Asian Infrastructure Investment Bank, suggesting a possible policy shift when Trump takes office in January.
EDITORIALS
Nov 5, 2016
FSA policy on regional banks
The Financial Services Agency will have to thread a narrow line as it urges regional banks to boost their lending to small and medium-size firms.
Japan Times
BUSINESS
Sep 14, 2016
U.K. startup looks for a slice of Japan's remittance market
TransferWise Ltd., a British peer-to-peer money transfer startup launched last week on the promise of cheaper prices, is betting its service will change the way Japanese and foreign residents send and receive money overseas.
BUSINESS / Companies
Sep 12, 2016
Citigroup to exit Shin-Marunouchi Building next year to unite brokerage, banking divisions
Citigroup Inc. plans to move its Japan headquarters from Tokyo's Shin-Marunouchi Building to a new location nearby that will bring its brokerage and banking divisions together in the city's financial district.
EDITORIALS
Sep 8, 2016
Encouraging banks to lend more
A new FSA policy is aimed at encouraging regional banks to fund promising business projects and turn struggling local economies around.
Japan Times
BUSINESS
Sep 1, 2016
Tailored loans support restoration of Kyoto's historic townhouses
For generations, artisans and merchants in Kyoto lived in thousands of traditional machiya townhouses that are steadily disappearing or falling into disrepair.
BUSINESS / Economy
Aug 31, 2016
Canada snubs U.S. in seeking to join China-led AIIB
Canada will apply to join the China-backed Asian Infrastructure Investment Bank, Ottawa's finance department said Wednesday, in a coup for Beijing after Washington tried to dissuade its allies from signing up.
Japan Times
BUSINESS / Tech
Aug 31, 2016
SWIFT discloses more cyberthefts, pressures banks on security
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its members' banks as it pressured them to comply with security procedures instituted after February's high-profile $81 million heist at Bangladesh Bank.
Japan Times
WORLD
Aug 31, 2016
Six U.S. senators urge Obama to prioritize cybercrime at G-20 summit
Six U.S. senators have urged President Barack Obama to prioritize cybercrime at this weekend's Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh's central bank, according to a letter obtained by Reuters.

Longform

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