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Finbarr Flynn
Japan Times
BUSINESS
Apr 17, 2009
Shinsei to swing ax at ex-GE financing unit
Shinsei Bank Ltd. plans to cut "hundreds" of jobs at the consumer lending unit it bought from General Electric Co. last year as the industry contracts, the head of the division said Thursday.
Japan Times
BUSINESS
Apr 11, 2009
SMFG's woes bad sign for banks
Sumitomo Mitsui Financial Group Inc.'s unexpected $3.9 billion loss and plans to seek capital are adding to evidence that Japan's biggest banks may struggle to weather the deepening recession.
BUSINESS
Sep 2, 2008
Regional banks clear subprime hurdle but face bad loans
Regional banks evaded most of the fallout from the U.S. mortgage market implosion only to face a homespun credit crisis.
BUSINESS
Jan 16, 2008
SMFG turns to alliances with Asian banks
Sumitomo Mitsui Financial Group Inc. will target alliances with Asian banks, including Malaysia's RHB Capital Bhd., to boost income as domestic lending falls.
BUSINESS
Sep 29, 2007
Stricter law forces companies to tighten funds pitch
Mitsubishi UFJ Financial Group Inc. and Nomura Holdings Inc. are among Japanese financial companies being forced to tighten marketing of mutual funds as a law to protect individual investors comes into effect next week.

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