Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
Apr 6, 2016
MUFG's trust bank to boost assets administered overseas by 30%
Mitsubishi UFJ Financial Group Inc.'s trust banking arm plans to increase the assets it administers overseas for institutional investors by about 30 percent to $400 billion over the next two years to boost fee income, the unit's new president said.
BUSINESS / Companies
Apr 4, 2016
Bank of Tokyo-Mitsubishi eyes U.S. regional banks, new CEO says
Mitsubishi UFJ Financial Group Inc.'s main lending unit is eyeing further acquisitions in the U.S. and Asia as part of its long-standing aspirations to become one of the world's leading commercial banks, the unit's new president said.
BUSINESS
Apr 1, 2016
Japanese banks see 'difficult' year ahead with negative rates
Negative interest rates will make next year a difficult one for Japanese lenders, and the central bank should examine the impact of the policy before pushing them further below zero, the new head of the country's banking lobby said.
BUSINESS / Tech / ANALYSIS
Mar 31, 2016
When mobsters meet hackers — the new, improved bank heist
No need for stocking masks and sawn-off shotguns.
Japan Times
BUSINESS / Markets
Mar 22, 2016
ECB, BOJ using rates to push down currencies, King says
The European Central Bank and the Bank of Japan are trying to push down the values of their respective currencies with the use of negative interest rates, former Bank of England Gov. Mervyn King said.
BUSINESS / Economy
Mar 21, 2016
China sought urgent advice from Fed to deal with 2015 market plunge
China's central bank last year asked the U.S. Federal Reserve to share its playbook for dealing with Wall Street's 1987 crash, emails show.
Japan Times
WORLD
Mar 19, 2016
Bangladesh seeks FBI's help in investigating central bank heist
Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank's U.S. account, the interior minister said on Saturday.
Japan Times
BUSINESS
Mar 3, 2016
Margin-starved Japanese banks following carmakers to Mexico
In a quest to reduce their reliance on one of the world's least profitable banking markets, Japanese lenders are setting their sights on a much more lucrative one: Mexico.
BUSINESS / Markets
Feb 15, 2016
Japan's banks unprepared for negative rates ahead of Tuesday's launch
The Bank of Japan will start charging interest on some deposits it holds starting Tuesday, but most of the nation's banks may not be ready to set negative interest rates on overnight interbank lending after Gov. Haruhiko Kuroda's surprise Jan. 29 announcement.
Japan Times
BUSINESS
Feb 12, 2016
Amid turmoil, housing market may get boost from refinancing rush
The Bank of Japan's adoption of negative interest rates two weeks ago hasn't provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market.
Japan Times
BUSINESS / Companies
Feb 9, 2016
Negative interest rates to hit Japan Post Bank hard as bond yields plunge
Japan Post Bank Co. stands to lose the most from the Bank of Japan's decision to introduce negative interest rates as plummeting bond yields underscore its reliance on the country's debt for income.
COMMUNITY / How-tos / LIFELINES
Jan 31, 2016
Bank remittance case suggests My Number may be tough to opt out of
A reader asks about the relationship between the My Number registration system and sending money abroad.
Japan Times
BUSINESS
Jan 29, 2016
Putin's son-in-law boosted by $1.75 billion Russian state loan
The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, the Russian president's...
BUSINESS / Economy
Jan 23, 2016
After sanctions lifted, Iran to be hooked up to global banks within weeks
Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran's Middle East Bank and a senior central bank official said Friday.
Japan Times
WORLD / Crime & Legal
Jan 15, 2016
'Grandpa gang' guilty of London's biggest burglary
Three men were found guilty on Thursday in the largest burglary in English legal history, a daring multimillion pound raid on a safe-deposit business in London's jewelry district led by pensioners who had spent a life in crime.
BUSINESS
Jan 11, 2016
Yuan loan rates soar in Hong Kong as Beijing halts currency's slide
Interbank yuan lending rates in Hong Kong climbed to records across the board after suspected intervention by China's central bank last week mopped up supplies of the currency in the offshore market.
Japan Times
WORLD / Politics
Jan 8, 2016
U.S. House may see bipartisan vote next week on North Korea sanctions bill with added financial squeeze
The House of Representatives could vote in the coming days on legislation backed by Republican and Democratic lawmakers to broaden U.S. sanctions on North Korea, House leaders said on Thursday, a day after Pyongyang announced it had tested a hydrogen nuclear device.
Japan Times
WORLD / Politics
Jan 6, 2016
Sanders attacks Wall Street's business model of fraud, 'too big to fail' banks, Clinton
U.S. Democratic presidential candidate Bernie Sanders warned on Tuesday that financial-sector greed was "destroying the fabric of our nation" and said the starting point of any Wall Street reform effort is breaking up "too big to fail" banks.
BUSINESS / Companies
Jan 6, 2016
Mitsubishi UFJ plans division to pursue fintech endeavors
Mitsubishi UFJ Financial Group Inc. has set up a unit to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.
WORLD / Crime & Legal
Dec 11, 2015
Islamic State bagged $1.5 billion from bank looting, oil sales, key U.S. Treasury official says
Islamic State militants have looted up to $1 billion from bank vaults in Syria and Iraq and has made at least another half a billion dollars from black market oil sales, senior U.S. Treasury official Adam Szubin said on Thursday.

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