Tag - banks

 
 

BANKS

Japan Times
BUSINESS
Jun 14, 2021
As El Salvador makes bitcoins tender, traders mull where that leaves the dollar
Some observers wonder whether a bigger movement is afoot: replacing a conventional currency on a national scale and then beyond.
Japan Times
BUSINESS / Companies
Jun 11, 2021
Japan’s biggest bank to bet ¥1 trillion on riskier asset push
Mitsubishi UFJ Financial Group Inc. expects to begin buying credit, equities and alternative assets in the second half of this year that will likely focus on U.S. securities.
Japan Times
BUSINESS
Jun 4, 2021
Japanese banks’ ¥300 trillion dilemma puts focus back on riskier bets
Deposits at the nation's top three banks alone grew by u00a541 trillion in the year ending in March.
Japan Times
ASIA PACIFIC
May 27, 2021
Hong Kong security chief threatens Jimmy Lai's bankers with jail if they deal in his accounts
Observers said the action extended the tightening national security apparatus into elite tiers of the banking system for the first time.
Japan Times
COMMENTARY / World
May 25, 2021
This Bitcoin chaos will blow up your cyberpunk utopia
The mania and panic that have gripped decentralized cryptocurrencies are heightening the attraction of their coming rivals: digital cash, issued by central banks.
Japan Times
BUSINESS / FOCUS
May 24, 2021
Huarong drama: Inside the race to avert disaster at China’s biggest ‘bad bank’
The company's fate will test China's vast, debt-ridden financial system, the technocrats working to fix it, and the foreign banks and investors caught in the middle.
Japan Times
BUSINESS / Companies
May 19, 2021
Mizuho requires staff returning to U.S. offices to be vaccinated
Wall Street is seeking to bring staff back as vaccines help the U.S. recover from a pandemic that forced most employees to work from home.
Japan Times
BUSINESS / Companies
May 18, 2021
Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050
The bank will also aim for carbon neutrality in its own operations by 2030, it said. The lender will provide annual updates on its progress toward the 2050 target.
Japan Times
COMMENTARY / World
May 13, 2021
Unseen digital cash will stretch your money
These invisible blockchain tokens could still turbocharge our everyday money: by making it move faster and stretching its worth.
Japan Times
BUSINESS
May 1, 2021
Mizuho Securities sued over alleged racism and stereotyping
Mizuho Securities USA underpaid nonwhite employees based in part on performance reviews 'replete with thinly disguised racial stereotyping,” a lawsuit filed by four former executives said.
Japan Times
BUSINESS / Companies
Apr 23, 2021
Retailer Rakuten beats Japanese lenders at digital banking game
New digital bank accounts with the internet conglomerate better known for its online shopping services expanded by 20% last year, and recently topped 10 million.
Japan Times
BUSINESS
Apr 14, 2021
Chinese students pay agents $12,000 for inside track to Wall Street
The practice has a growing number of detractors, who are questioning whether it's fair or good for the industry to give another leg up to the well-heeled.
Japan Times
BUSINESS / Companies
Mar 23, 2021
Morgan Stanley doubles down in Japan to back MUFG’s wealth push
The New York-based lender has dispatched Darren Spencer, former chief operating officer of Morgan Stanley Private Wealth Management, to Tokyo to train staff.
Japan Times
COMMENTARY / World
Mar 17, 2021
The future of money is digital, but is it Bitcoin?
The Bank of Japan has no immediate plans, but it acknowledges the possibility 'of a surge in public demand” for official digital cash going forward.
Japan Times
BUSINESS / Companies
Mar 1, 2021
Little-known fees help Japan's trust banks dominate profitable niche market
Insiders say an 'industry custom' of termination fees keeps profitable business in the hands of a few big trust banks because newcomers balk at the cost.

Longform

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