Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
May 15, 2023
Japan's top banks expect solid profits, MUFG sees record year
Sumitomo Mitsui Financial Group and Mizuho Financial Group, Japan's second- and third-largest lenders by assets, also expect their highest net profits since the mid 2010s.
Japan Times
BUSINESS
May 10, 2023
Banking crisis concerns loom over G7 finance ministers meeting
As well as tackling the issue of crypto regulation, the ministers and central bank governors will be looking to strengthen the global financial system.
Japan Times
BUSINESS / Economy
May 9, 2023
Japan says G7 will discuss strengthening global banking system
The recent collapse of First Republic Bank has exacerbated investor worries about the U.S. banking sector, and raised calls for better global oversight.
Japan Times
BUSINESS / Companies
May 8, 2023
Rothschild taps ex-Daiwa banker to bolster Japan expansion
The French investment bank hired Yuichi Akai to expand its Japan business and grow its team in the country.
Japan Times
COMMENTARY / World
May 4, 2023
The SVB debacle and a bank 'murder mystery'
As long as there are banks, there will always have bank failures, which is why regulators are needed to draw the right lessons from the SVB debacle.
Japan Times
BUSINESS / Economy
May 3, 2023
What to watch as Fed readies to pause with one last hike
Fed watchers expect the U.S. central bank will deliver its final rate hike for a while on Wednesday.
Japan Times
COMMENTARY / World
May 2, 2023
JPMorgan, First Republic and the curse of the second best
The solution to regional banks' problems such as the JPMorgan-First Republic deal raises more questions and concerns about the U.S. financial system.
Japan Times
BUSINESS / Economy
May 2, 2023
U.S. banking troubles won't affect Japan, says Economy Minister Shigeyuki Goto
While optimistic overall, Goto urged financial institutions and authorities to respond firmly to liquidity risks that have led to difficulties in the West.
Japan Times
BUSINESS
May 2, 2023
First Republic sale, a relief for some, fails to quell fear of a persistent crisis
Hours after JPMorgan Chase & Co. agreed to buy First Republic, the news was digested over breakfast by attendees at the Milken Institute Global Conference in California.
Japan Times
BUSINESS
May 2, 2023
Regulators seize First Republic Bank and sell assets to JPMorgan
First Republic was among regional U.S. lenders most battered by a crisis in confidence in the banking sector in March.
Japan Times
BUSINESS
May 1, 2023
JPMorgan snaps up First Republic's assets in U.S. auction
Under the deal JPMorgan will pay $10.6 billion to the U.S. FDIC for most of the assets of the San Francisco-based 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
BUSINESS / Companies
Apr 27, 2023
Nomura profit falls for third straight year under CEO Kentaro Okuda
Muted client sentiment and lackluster deal-making weighed on revenue at the Japanese brokerage while its overseas operations have now lost money in 10 out of the past 12 years.
Japan Times
BUSINESS
Apr 26, 2023
Japan regulator asks banks to examine social media risks after SVB case
The FSA asked lenders to prepare crisis management manuals and examine their liquidity and risk management systems, sources have said.
Japan Times
BUSINESS / Markets
Apr 25, 2023
Credit Suisse shows well capitalized banks can lose trust, Japanese official says
The Swiss lender succumbed to a crisis of confidence about a month ago, prompting the country’s authorities to step in to broker its sale to larger rival UBS Group.
Japan Times
BUSINESS / Economy
Apr 25, 2023
Bankers chase startups in Japan as funding dries up elsewhere
Lenders including Sumitomo Mitsui Banking and Mizuho Bank are planning to increase the staff they allocate to startup businesses.
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 19, 2023
Climate must drive change at development banks
If multilateral development banks undertake a shift in mindset, they can do much more to combat global warming, and faster, with the substantial resources that they manage.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?