Tag - bank

 
 

BANK

BUSINESS
Aug 7, 2019
U.S. probes Chinese banks' role in North Korean nuclear arms
The U.S. is investigating a chain of financial transactions involving three big Chinese banks that allegedly helped finance North Korea's nuclear weapons program, according to an appeals court opinion unsealed Tuesday.
Japan Times
BUSINESS
Jul 15, 2019
Bank of England picks gay World War II code-breaker Alan Turing for new £50 bank note
Mathematician Alan Turing, whose cracking of a Nazi code helped the Allies to win World War II but who committed suicide after being convicted for homosexuality, will appear on the Bank of England's new £50 banknote, the central bank said Monday.
Japan Times
BUSINESS / Companies
Jul 8, 2019
Japan regional bank Concordia targets comeback abroad with Southeast Asia foray
One of Japan's biggest regional banks is resuming an expansion overseas, 20 years after the country's financial crisis forced it to retreat.
Japan Times
BUSINESS
Jul 8, 2019
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin
Whole teams in Deutsche Bank's Asian operations were told their positions were gone Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
EDITORIALS
Jul 7, 2019
Time to rethink the IMF leader's selection process
Ability, not nationality, should be the most important factor in the selection process.
Japan Times
JAPAN
Jul 5, 2019
JBIC chief Tadashi Maeda comes down with rubella after G20 summit
The head of the Japan Bank for International Cooperation has contracted rubella after attending meetings on the sidelines of last week’s Group of 20 summit in Osaka, sources said Friday.
Japan Times
BUSINESS / Markets
Jun 24, 2019
Guardians of money bristle at Mark Zuckerberg's new financial order
Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent.
Japan Times
WORLD
Jun 23, 2019
Jared Kushner's $50 billion 'peace to prosperity' plan faces broad Arab rejection
U.S. President Donald Trump's economic vision as part of the wider plan to resolve the Israeli-Palestinian conflict has been met with contempt, repudiation and exasperation in the Arab world, even as some in the Persian Gulf called for it to be given a chance.
BUSINESS
Jun 17, 2019
Shadow banking crisis raises risk of renewed Indian bad-loan reckoning
Just as India's banks emerge from under a pile of bad loans to large energy, steel and other industrial companies, they are facing a new reckoning from the accelerating crisis in the country's shadow banking sector.
Japan Times
BUSINESS
Jun 14, 2019
Europol highlights Russian money as top laundering threat and calls Baltic states 'front line'
Europe's Baltic states are at risk from further Russian money laundering, a top European police official said after several big banks were hit by scandals centered on the region.
Japan Times
BUSINESS
Jun 8, 2019
G20 finance chiefs discuss measures to guard against economic risks in Fukuoka meeting
Finance leaders from the Group of 20 nations kick off a meeting in Fukuoka and discuss measures to guard against economic risks.
Japan Times
BUSINESS / Markets / ANALYSIS
Jun 5, 2019
World's central banks poised to act as global economic warnings flash
Central banks are resuming their first-responder role as the world economy runs into trouble, even as they lack the firepower they once had at their disposal.
Japan Times
BUSINESS / Markets
Jun 3, 2019
China central bank urges calm after Baoshang takeover
China's central bank sought to calm investors on Sunday after last month's takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves for the moment.
Japan Times
WORLD / Crime & Legal
May 29, 2019
Trump suit to block Deutsche Bank subpoenas put on hold amid appeal
The federal district judge who last week denied Donald Trump's request to block subpoenas to Deutsche Bank AG and Capital One Financial Corp. for financial records put the case on hold while the president appeals his ruling.
Japan Times
BUSINESS
May 27, 2019
Failing to hire women, ECB extends supervision board job deadline: sources
The European Central Bank has extended a deadline for filling three top jobs at its bank supervision arm after it failed to hire any women for the roles, two sources said, illustrating the bank's long struggle to attract female talent for senior positions.
Japan Times
BUSINESS / Companies
May 27, 2019
Negative rates see Japan's regional banks move into structured finance sector
The nation's regional banks have long been relegated to the sidelines in one of the most lucrative corners of the lending market while regular loans got gradually less profitable.
Japan Times
BUSINESS
May 9, 2019
Australia's central bank admits 'responsibilty' for typo in millions of bank notes
Millions of 50 Australian dollar bank notes, each worth around ¥3,800, have an embarrassing typographical error that was overlooked by the country's central bank before they were printed and circulated.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’