Tag - megabanks



Japan Times
BUSINESS / Companies
Nov 8, 2018
MUFG Bank and Sumitomo Mitsui Banking to share ATMs, seeking lower costs amid decline in users
Two mega-banks plan to share their respective ATMs, from the first half of next year at the earliest, to cut costs as users decrease due to the spread of online banking, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
May 11, 2018
Three mega-banks consider sharing ATMs to boost profitability
Japan's three megabanks are considering the joint management and development of ATMs to cut costs and boost profitability, as they are currently struggling in the extremely low interest rate environment, a source close to the matter said Friday.
Japan Times
Aug 13, 2015
Record-low bad debts make up for disappearing loan profit
Plunging interest rates are helping reduce Japanese banks' bad debt to record-low levels of almost a fifth of their highs 13 years ago.
Japan Times
BUSINESS / Markets
Aug 6, 2015
Mizuho's Wall Street itch revealed in huge Actavis deal
When Actavis was preparing to buy Allergan, it gave Mizuho Financial Group Inc. a weekend to decide if it wanted to help come up with $46 billion in loans to back the deal, which had been code-named Project Fruit Basket.
Japan Times
BUSINESS / Markets
Feb 27, 2015
Megabank dividends lure funds from bonds
As Japan's sovereign bond yields languish near zero, the regular payouts to shareholders of the megabanks are starting to appeal to a wider group of investors.
Japan Times
BUSINESS / Economy
Aug 14, 2014
Megabanks' $800 billion cash pile shows Abe must free up credit
Prime Minister Shinzo Abe has succeeded in wrestling down the yen and snapping a 15-year deflationary spiral. The challenge of spurring lending by the country's cash-hoarding megabanks remains.
Japan Times
BUSINESS / Companies
Aug 1, 2013
Megabanks' profit goals within reach under Abe
Japan's three biggest banks are on pace to achieve their annual profit targets after first-quarter earnings jumped on higher fee income and equity investments.


Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals