Top Japanese banker sounds alarm over Hong Kong crackdown

Business Mar 8, 2021

Top Japanese banker sounds alarm over Hong Kong crackdown

China's crackdown in Hong Kong has left Japanese finance firms "very much afraid" and reconsidering whether to remain in the city, a senior banker said Monday in a rare public declaration of concern from within the industry. Yoshitaka Kitao, chief executive of financial conglomerate SBI ...

Business / Corporate Jan 30, 2020

SBI Sumishin Net Bank considers going public

SBI Sumishin Net Bank is considering going public and becoming Japan's first listed internet-only bank without any physical branches, according to sources with knowledge of the matter. The bank hopes the stock listing will help bolster its name recognition and boost its earnings, the sources ...

SBI forms alliance with Fukushima Bank

Business / Corporate Nov 11, 2019

SBI forms alliance with Fukushima Bank

Financial services group SBI Holdings Inc. and a regional bank in Fukushima Prefecture on Monday announced a capital tie-up that will expand the Tokyo-based company's networks. SBI will invest ¥1.11 billion ($10 million) in Fukushima Bank and provide expertise on financial products and information technology ...