Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Companies
Mar 7, 2022
SBI Sumishin Net Bank to postpone $1.2 billion IPO
The postponement marks the latest example of an IPO being shelved in markets globally, as investors from Hong Kong to Zurich grow anxious following the events in Ukraine.
Japan Times
BUSINESS / Companies
Mar 2, 2022
KKR-owned Marelli to file for debt reorganization in Japan
Marelli, a key supplier for automakers Nissan Motor Co. and Stellantis NV, had at least u00a51.1 trillion ($9.5 billion) in total debt as of September, sources said.
Japan Times
WORLD
Feb 27, 2022
U.S., U.K., Europe and Canada to block Russian access to SWIFT
The decision by Western nations will exclude some Russian banks from the SWIFT messaging system, used for trillions of dollars worth of transactions between banks around the world.
Japan Times
WORLD
Feb 26, 2022
U.S. puts banning Russia from SWIFT global system back in play
The Biden administration is seriously considering whether to seek Moscow's expulsion from the financial messaging system over the Ukraine invasion as allies in Europe warm to the idea.
Japan Times
BUSINESS / Markets
Feb 23, 2022
Under pressure at home, Japan's agricultural lender pulls back from global investing
Norinchukin Bank was at one point the biggest buyer of a structured product known as collateralized loan obligations, drawing the ire of politicians and regulators.
Japan Times
BUSINESS / Companies
Feb 17, 2022
SoftBank seeks $8 billion margin loan as part of Arm IPO
The margin loan financing is one option under consideration as SoftBank lines up an advisory roster for what could be the year's biggest IPO.
Japan Times
BUSINESS
Feb 16, 2022
Mizuho and Mitsubishi UFJ among banks that gave coal sector over $1.5 trillion in three years
The Japanese firms, both members of the Net Zero Banking Alliance, were identified as the two biggest lenders in a report by a group of 28 nongovernmental organizations.
Japan Times
BUSINESS / Companies
Jan 17, 2022
Mizuho’s new CEO faces legacy issues from decades-old merger
Mizuho Financial Group is tapping a relatively young career insider to turn around the bank that's been plagued by a series of technical disruptions.
Japan Times
BUSINESS / Companies
Jan 14, 2022
Green push ending 150-year tradition of bank passbooks in Japan
The country's largest bank will soon require new clients to pay u00a5550 a year for a passbook in a bid to encourage them to embrace digital services.
Japan Times
BUSINESS / Companies
Jan 12, 2022
World’s worst-performing bank lent billions to China Evergrande
Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.
Japan Times
BUSINESS / Companies
Jan 11, 2022
Mizuho Financial to name Masahiro Kihara as group CEO as troubles plague bank
The appointment of Kihara, set to be decided at a board meeting next week, came as customers were again hit by troubles using the bank's online services Tuesday.
Japan Times
COMMENTARY / World
Jan 5, 2022
Bad news for London and New York: Finance hubs are becoming obsolete
COVID-19 has shown just how little location now matters for many jobs and businesses in finance and gave executives confidence that more operations could be managed remotely.
Japan Times
BUSINESS / FOCUS
Jan 5, 2022
London’s fintech boom opens the door for dirty money
A fast-growing breed of startups present themselves as alternatives to old-fashioned banking, but critics say they're an easy conduit for financial crime.
Japan Times
BUSINESS / Companies
Dec 24, 2021
Mitsubishi UFJ targets Asia unicorns with debt-finance fund
Japan's largest lender will start a u00a534 billion fund early next year after upsizing its first joint-venture fund earlier this year.
Japan Times
BUSINESS / Companies
Dec 23, 2021
Sumitomo Mitsui CEO Jun Ohta still looking for more acquisition targets
The head of Japan's second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.
Japan Times
BUSINESS / Companies
Dec 22, 2021
SBI's Yoshitaka Kitao 'totally agrees' with suggested delisting of Shinsei Bank
Having secured effective control of the bank, Kitao could delist it in order to pay back funds Shinsei has owed taxpayers since a 1998 bailout.

Longform

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