Tag - banks

 
 

BANKS

Japan Times
BUSINESS
Aug 21, 2020
Mizuho becomes first Japan megabank to set fee for new passbooks
The bank's move could have an impact on rivals MUFG Bank and Sumitomo Mitsui Banking Corp., and regional lenders.
Japan Times
BUSINESS / ANALYSIS
Aug 21, 2020
Virus grounding of Asia's private bankers erodes wealth management trade
Private bankers in Hong Kong and Singapore have had their wings clipped by the pandemic, thwarting their pursuit of millionaires scattered across a region where wealth is growing faster than anywhere else.
Japan Times
BUSINESS / Markets
Aug 18, 2020
Bank of Japan refuses trader requests to work from home
The central bank doesn't allow home computers to connect to its network for conducting asset purchases, raising concerns at financial firms as virus cases in Tokyo surge.
Japan Times
BUSINESS / Economy
Aug 11, 2020
Japan banks kept lending at record pace in July as pandemic pain persists
The figures mark the fastest pace of growth since comparable data became available in 2001.
Japan Times
BUSINESS / Companies / FOCUS
Aug 7, 2020
Japan short of rescue plans for regional lenders hit by pandemic
The coronavirus pandemic is deepening the pain for Japan's regional lenders, heightening concerns that a potential wave of business closures will test policymakers' ability to avert a damaging banking-sector crisis.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Japan’s banks may stave off hit from bad loans in first-quarter results
Analysts predict expenses booked in the April-to-June quarter were relatively low, because companies have tapped credit lines and central bank assistance.
Japan Times
JAPAN / Society
Jul 15, 2020
Japan FSA seeks improved support to manage older people's finances
Japan's Financial Services Agency on Wednesday called for financial institutions to improve their support for older people who have difficulties with financial transactions due to deteriorating cognitive abilities.
Japan Times
BUSINESS
Jul 15, 2020
Social media rumors prompt spate of bank runs in China
Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors.
Japan Times
BUSINESS
Jul 14, 2020
Grab deal just the start of MUFG's focus on technology investment, says CEO
Hironori Kamezawa, 58, say the digital shift has picked up pace in the wake of the novel coronavirus pandemic.
Japan Times
BUSINESS / Companies
Jul 8, 2020
Banks with ‘shattered’ business models warned by Japan to adapt
Concerns are mounting that some banks are too weak to withstand the coronavirus-fueled recession and may eventually need to be rescued or delisted.
Japan Times
BUSINESS / Companies
Jun 25, 2020
Mizuho investors reject Japan's first shareholder climate resolution
The resolution would have required Mizuho to disclose climate risks and publish a plan to ensure its investments are aligned with the Paris Agreement.
Japan Times
BUSINESS / Companies
Jun 23, 2020
Environmental shareholder activism comes to Japan as Mizuho faces climate resolution
If the resolution is passed, it could push Japanese banks to live up to recent commitments to end lending for the dirtiest fossil fuel.
Japan Times
BUSINESS / Economy
Jun 22, 2020
Lawmakers offer help to Japanese banks battling fintech firms
The ruling-party lawmakers are looking to make it easier for banks to expand into different industries.
Japan Times
WORLD / Society
Jun 19, 2020
U.K. firms apologize for slavery links as Bank of England plans to remove pictures
Global protests sparked by the killing of George Floyd are pushing the U.K. to acknowledge past links to slavery and racism.
Japan Times
BUSINESS / Economy
Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
BUSINESS
Jun 16, 2020
Abe eyes cutting interbank fees to promote cashless payments
Prime Minister Shinzo Abe said Tuesday that the government will aim to cut interbank money transfer fees in a bid to promote cashless payment in the country.
Japan Times
BUSINESS / Markets
Jun 15, 2020
BOJ looks to sit tight while assessing coronavirus response
The central bank doesn't see a pressing need for further moves now but many economists surveyed expect the size of its loan program linked to state lending to rise.
Japan Times
BUSINESS / Markets
Jun 12, 2020
Bank of Japan’s aid to lenders hasn't warmed them to negative rates
For the country's commercial banks, the BOJ's sub-zero rates strategy aimed at stimulating the economy and prices has eroded their profit margins.

Longform

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