Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
May 17, 2022
Nomura targets up to 90% jump in core pretax income in three years
Nomura said on Tuesday it would aim for annual pretax income of u00a5350 billion to u00a5390 billion for its three core divisions in the year ending in March 2025.
Japan Times
BUSINESS / Companies
May 16, 2022
Japan's top lender MUFG expects profit fall after record year
Japan's largest lender has said it expects a 12% drop in annual net profit due to market volatility and an uncertain economic outlook.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
BUSINESS
May 6, 2022
Bankers quit jobs for shot at riches in ‘Wall Street of crypto’
In the shadow of Dubai's sail-shaped Burj Al Arab hotel, cryptocurrency executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers.
Japan Times
BUSINESS / Economy / ANALYSIS
May 6, 2022
Banks face reversal of fortune from war and runaway inflation
Banks are having to quickly get to grips with a sharp rise in the risk of doing business as corporate and retail borrowers juggle higher loan costs with soaring costs.
Japan Times
COMMENTARY / World
May 3, 2022
Sorry savers, banks no longer want your money
Banks have more money than they know what to do with and they don't need or want any more of yours.
Japan Times
WORLD
May 2, 2022
One Russian tycoon criticized the war. Retribution came the next day.
Oleg Y. Tinkov was worth more than $9 billion in November. Then, last month, Tinkov, the founder of one of Russia's biggest banks, criticized the war in Ukraine in a post on Instagram.
Japan Times
BUSINESS
May 2, 2022
End of easy money brings a $410 billion global financial shock
Unlike previous tightening cycles when the U.S. Federal Reserve was alone in shrinking its balance sheet, this time others are expected to do likewise.
Japan Times
BUSINESS / Companies
Apr 26, 2022
Norinchukin Bank seeks European deals to complete global comeback
The bank is in active discussions with managers of European CLOs to put money into the structured products that bundle up leveraged loans into bonds of varying degrees of risk.
Japan Times
BUSINESS / Companies
Apr 26, 2022
New Mizuho CEO plans to expand U.S. capital markets business
The firm wants to hire bankers to build its businesses with non-investment grade companies and leveraged buyout financing, Masahiro Kihara says.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 22, 2022
As Russia faces potential default, investors weigh legal options
Foreign creditors would typically try to band together to negotiate, go to court or in some cases seek arbitration in cases of default, but current sanctions make this difficult.
Japan Times
BUSINESS / FOCUS
Mar 30, 2022
Bankers are still standing behind the dirtiest fossil fuel
While the biggest chunk of the coal money is being accumulated for Chinese endeavors, the increase nevertheless runs counter to all the global banking sector chatter about the fossil fuel.
Japan Times
BUSINESS / Companies
Mar 28, 2022
Mizuho targets cash-poor millionaires in wealth management push
Japan's third-largest bank aims to to have 1,000 families on board with its wealth unit by this time next year, up from 600 at present, a representative said.
Japan Times
BUSINESS / EXPLAINER
Mar 16, 2022
Can Russia pay its creditors, and what happens if not?
The country due to pay interest on two sovereign bonds Wednesday. But diplomatic standoffs and economic curbs raise questions over if and how they can pay it.
Japan Times
BUSINESS
Mar 10, 2022
UniCredit and BNP Paribas detail hefty Russian exposures as markets rebound
BNP Paribas is believed to be the first major bank to have excluded staff in Moscow from its IT networks.
Japan Times
BUSINESS / Companies
Mar 8, 2022
At the top of Europe's banks, it's still a man's world
The 25 biggest banks by assets have seen 22 changes in chief executive and chairs over the past two years. Twenty-one of those 22 jobs went to men.
Japan Times
BUSINESS / Economy
Mar 8, 2022
Japan bank lending growth slows to decade low as pandemic-induced strain eases
Lending increased 0.4% in February year-on-year, following a revised 0.5% gain in January.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
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