Tag - banks

 
 

BANKS

BUSINESS
Nov 7, 2014
First-half profits of five major Japan banks expected to be down 10%
The overall first-half profits of Japan's five major banking groups is expected to be down about 10 percent from a year earlier, hurt by weaker loan demand amid slower economic growth in the country, sources close to the matter said Friday.
BUSINESS / Companies
Nov 7, 2014
Higo and Kagoshima banks talk of merger
Higo Bank and Kagoshima Bank are finalizing talks on a merger, officials said on Friday, amid broader realignment moves in the regional banking sector.
BUSINESS
Nov 7, 2014
Japan banker hopes for small-town encore with 'curtain call' loans
While rival banks sit on their deposits, frustrating the government efforts to reflate a stagnant economy, regional banker Takashi Tsuchiya will write you a loan to close your business or end your marriage.
EDITORIALS
Nov 4, 2014
Speedy money transfers
Japan's banking industry is discussing whether to extend the hours for processing customer money transfers beyond the 3 p.m. deadline on weekdays as well as to weekends and holidays.
BUSINESS / Companies
Nov 4, 2014
Bank of Yokohama, Higashi-Nippon to create biggest regional lender: sources
The Bank of Yokohama and Higashi-Nippon Bank are in the final stage of negotiations on a merger that would create the country's biggest regional banking group, sources close to the matter said Tuesday.
Japan Times
WORLD / Crime & Legal
Nov 3, 2014
'Psychopathic' British banker charged with killing two prostitutes in Hong Kong
A British investment banker appears in a Hong Kong court charged with murdering two Asian prostitutes whose bodies were discovered by police in his apartment.
Japan Times
WORLD / Politics
Nov 3, 2014
Courting liberals, Clinton takes tougher line on big business
Long viewed as an ally by Wall Street, likely 2016 presidential contender Hillary Rodham Clinton has increasingly been taking banks and big business to task while on the campaign trail for Democrats across the United States.
COMMUNITY / How-tos / LIFELINES
Nov 2, 2014
Closing a bank account from outside Japan; a new way to pay NHK
Advice on closing a bank account from abroad, and how you could lump your NHK fees together with cable TV payments.
Japan Times
JAPAN
Oct 31, 2014
Japan's 3/11 tsunami evacuees caught in $30 billion money trap
Some ¥3.28 trillion in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Tohoku 3½ years ago is still languishing unspent in the bank. That means Keiko Abe is heading into a fourth winter of subzero temperatures in a cramped, temporary dwelling that...
BUSINESS / Companies
Oct 26, 2014
Resona to roll out 24-hour online money transfer service from April
Resona Holdings Inc. plans to start offering a 24-hour online money transfer service in April between its group banks, becoming the first major banking group to provide such a service in Japan, company officials said Sunday.
BUSINESS / Economy
Oct 17, 2014
Abe's jobs push beyond Tokyo spurs regional lending
Lending in September by regional banks grew at triple the pace of the nation's megabanks as Prime Minister Shinzo Abe acted to rejuvenate areas outside of Tokyo.
Japan Times
BUSINESS / Companies
Oct 11, 2014
U.S., U.K. to test big bank collapse in joint model run
Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
JAPAN / Crime & Legal
Oct 10, 2014
Cabinet approves bills to halt money laundering under pressure from global watchdog
The Cabinet rubber stamps bills that tighten rules against money laundering and terrorist financing to avoid being blacklisted by the Financial Action Task Force.
BUSINESS / Companies
Oct 10, 2014
Moody's boosts Nomura credit rating for first time since 2005
Nomura Holdings Inc.'s credit rating was raised by Moody's Investors Service for the first time since November 2005 as Japan's largest brokerage showed improved profitability.
Japan Times
BUSINESS
Oct 10, 2014
Japanese bankers mull extending hours for money transfers
Financial institutions are set to extend the hours during which customers can make immediate money transfers to a third party, industry sources said Friday.
EDITORIALS
Oct 9, 2014
Freezing assets with terror links
In response to repeated international calls, Japan's government is preparing pieces of legislation to restrict the financial transactions of people suspected of involvement in terrorist activities and to tighten 'due diligence' checks on customers.
BUSINESS / Companies
Oct 9, 2014
Three banks to extend uncollateralized loans to recovering Tepco
Three banks have decided to extend uncollateralized loans to Tokyo Electric Power Co. after judging that the beleaguered utility is recovering with government support, according to sources close to the matter.
BUSINESS / Companies
Sep 12, 2014
Megabanks bid for Citigroup's retail operation
An auction to sell Citigroup Inc.'s consumer banking business in Japan apparently attracted around six domestic lenders, including the three largest banks, sources close to the matter said Friday.
JAPAN / Crime & Legal
Sep 4, 2014
Cyberthefts hit record ¥1.85 billion in Japan
Cyberthieves continue to raid Japanese banks with ease, stealing ¥1.85 billion in the first half alone and breaking the full-year record set in 2013.
Japan Times
WORLD
Sep 4, 2014
Scottish independence would mean harsh consequences for U.K., economist says
A Scottish vote for independence from the United Kingdom this month could have serious consequences for the Scottish and U.K. economies, Goldman Sachs said in a research note on Wednesday.

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