Tag - bank

 
 

BANK

Japan Times
BUSINESS
Apr 29, 2023
U.S. Fed points finger at Trump-era rollback for SVB demise
The Fed's searing 100-page postmortem says bipartisan legislation in 2018 loosened post-financial crisis safeguards, undermining oversight by hindering the work of bank supervisors.
Japan Times
JAPAN / ANALYSIS
Apr 28, 2023
In 'new scramble for Africa,' Japan slips behind
Kishida is making a trip to Africa, but Tokyo is struggling to define its relationship with the continent as China and Russia ramp up their influence in the region.
Japan Times
COMMENTARY / World
Apr 24, 2023
Will the banking busts hurt clean tech?
Rather than impeding the clean-energy race, the collapse of the U.S. start-up community's go-to bank offers lessons for managing the public-private minuet that net-zero transition requires.
Japan Times
BUSINESS
Apr 21, 2023
Rakuten Bank shares surge in Tokyo debut after IPO
The IPO was Japan's biggest in over four years, albeit muted by caution about a banking sector reeling from U.S. bank failures.
Japan Times
BUSINESS / Companies
Apr 20, 2023
MUFG hires over 20 staffers from troubled SVB to expand technology banking
The move includes five senior executives and is part of MUFG’s expansion to support pre-initial public offering growth and middle-market public companies, according to a spokesperson.
Japan Times
COMMENTARY / World
Apr 17, 2023
Accounting for casino capitalism
Mark-to-market accounting standards turned the banking system into a playground for gamblers, fueling instability while adding little economic value.
Japan Times
COMMENTARY / World
Apr 14, 2023
Asian startups are rising to the financing challenge
Once the world’s hottest stock because of its single-minded pursuit of growth, Singapore’s Sea is slashing costs as it seeks safety in profitability.
Japan Times
BUSINESS
Apr 14, 2023
Rakuten Bank prices shares at ¥1,400 in IPO, top of the range
Even with a lower than originally expected price, the listing is the largest in Japan since the $20 billion-plus IPO of SoftBank in December 2018.
Japan Times
BUSINESS
Mar 30, 2023
U.S. bank supervision needs more speed and transparency in wake of SVB debacle, critics say
The Fed’s vice chair claims that supervisors repeatedly identified risks to the failed bank, leading to accusations by lawmakers that the problems had not been escalated fast enough.
Japan Times
BUSINESS
Mar 29, 2023
SVB fallout puts focus on challenges faced by Japan’s regional banks
With a declining population, profit pressures and pandemic assistance measures set to expire, regional banks were already under considerable pressure.
Japan Times
BUSINESS / Economy
Mar 28, 2023
World Bank warns of 'lost decade' in global growth without bold policy shifts
Failure to reverse the expected slowdown in GDP growth would have profound implications for the world’s ability to tackle climate change and reduce poverty, new report claims.
Japan Times
BUSINESS
Mar 27, 2023
First Citizens buys Silicon Valley Bank after run on lender
The Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SVB, the U.S. Federal Deposit Insurance Corp. has confirmed.
Japan Times
COMMENTARY / World
Mar 24, 2023
What the World Bank can do about climate change
In addition to financial resources, the World Bank's greatest strength lies in its ability to generate evidence-based solutions, which it should apply to mitigating climate change.
Japan Times
BUSINESS
Mar 22, 2023
Rakuten Bank seeks $881 million in biggest Japan IPO since 2018
The banking unit of Rakuten Group set an indicative band of ¥1,630 to ¥1,960 per share on Wednesday, and the stock will list on the Tokyo Stock Exchange on April 21.
Japan Times
BUSINESS
Mar 22, 2023
Bad timing as Japan hosts this year's first bank IPO
Amid ongoing global financial turmoil, Tokyo-based SBI Sumishin Net Bank shares were priced at the bottom of a range at ¥1,200 each against an expected price of as high as ¥1,260.
Japan Times
BUSINESS
Mar 22, 2023
First Republic rescue may rely on Washington's backing to reach a deal
As part of efforts to ensure there isn’t another U.S. bank failure, the government could play a role in lifting out assets currently eroding the bank’s balance sheet.
Japan Times
BUSINESS
Mar 22, 2023
U.S. regional banks and regulators try to soothe depositors’ fears
Treasury Secretary Janet Yellen has expressed confidence in the nation’s banks and suggested that the government would step in to protect smaller lenders if needed.
Japan Times
COMMENTARY / World
Mar 21, 2023
SVB’s failure endangers more than just money
Before SVB’s collapse, the bank was “critical to spurring greater competition and creativity” in the U.S. defense industry.
Japan Times
BUSINESS / Markets
Mar 21, 2023
Safe havens and risk assets both rise as banking woes shift Fed expectations
The unusual cross-currents come as the financial distress that started earlier this month has spread to Europe, with investors on edge about the health of the financial system.
Japan Times
COMMENTARY / World
Mar 20, 2023
Just who is to blame for this new banking crisis?
In 2018, U.S. lawmakers loosened banking regulations on the spurious grounds that smaller banks do not pose systemic risks to the stability of the financial system.

Longform

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