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November 23, 2024
 

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BANKS

BUSINESS / Companies
May 31, 2019
MUFG, Japan's biggest bank, offers redundancy to hundreds of managers in London
Mitsubishi UFJ Financial Group Inc. is preparing major job cuts in London, another sign of the deepening troubles Japanese banks face at their overseas operations.
Japan Times
BUSINESS / Companies
May 27, 2019
Negative rates see Japan's regional banks move into structured finance sector
The nation's regional banks have long been relegated to the sidelines in one of the most lucrative corners of the lending market while regular loans got gradually less profitable.
Japan Times
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
Japan Times
WORLD / Politics
May 20, 2019
Deutsche Bank anti-money laundering staff flagged Trump and Kushner transactions for watchdog: report
Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, The New York Times reported Sunday.
Japan Times
BUSINESS / Companies
May 19, 2019
Regional bank in Japan battles ultralow interest rates with wine bar and sea urchins
As years of near-zero interest rates in Japan make traditional lending barely profitable, one regional bank is seeking to drum up business through less conventional enterprises, from opening wine bars to helping fishermen farm sea urchins.
Japan Times
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS
May 13, 2019
Retired Lebanese soldiers picket central bank over wage and benefit cuts
Retired soldiers in Lebanon started picketing the Central Bank building late on Sunday in protest at draft budget proposals to cut the state wage bill, saying they aimed to stop workers entering on Monday morning.
EDITORIALS
May 11, 2019
Regional banks in trouble
The worsening performance of regional banks bodes ill for the companies and other borrowers that sustain regional economies.
Japan Times
JAPAN / Society
May 10, 2019
Happy hour is over: MUFJ bank executive takes aim at Japan's 'nominication' drinking culture
It's time to stop drinking with the boss after work.
Japan Times
BUSINESS
May 9, 2019
Australia's central bank admits 'responsibilty' for typo in millions of bank notes
Millions of 50 Australian dollar bank notes, each worth around ¥3,800, have an embarrassing typographical error that was overlooked by the country's central bank before they were printed and circulated.
Japan Times
BUSINESS
May 1, 2019
In escalating fight, Trump camp sues Deutsche Bank and Capital One over House subpoenas
President Donald Trump, his three oldest children and the Trump Organization have sued Deutsche Bank AG and Capital One Financial Corp to try to block them from responding to U.S. congressional subpoenas issued by Democrats seeking financial records.
BUSINESS
Apr 24, 2019
Scandal-plagued Wells Fargo's interim CEO shouted down at bank's annual meeting
C. Allen Parker is finding out how tough it can be to head up a scandal-plagued company.
Japan Times
JAPAN / Regional voices: Chubu
Apr 22, 2019
As Japan's banks snub personal stamps, hanko makers pin hopes on growing foreign population
With Japan's foreign population expected to grow in light of the new visa statuses introduced this month, makers of hanko (personal seals) see a new opportunity for business.
Japan Times
BUSINESS
Apr 6, 2019
David Malpass confirmed as next president of World Bank
David Malpass, U.S. President Donald Trump's nominee to lead the World Bank, won unanimous approval from the institution's executive board on Friday, continuing the 73-year tradition of an American running the world's largest development lender.
Japan Times
WORLD / Crime & Legal
Apr 5, 2019
Brazil police kill 11 heavily armed suspects out of 25 who tried to blow up two banks' ATMs
Police in Sao Paulo state shot and killed 11 assailants who were preparing to blow up automated bank teller machines simultaneously at two branches early on Thursday, authorities said.
WORLD / Crime & Legal
Apr 4, 2019
U.S. senators want stiff sanctions to deter Russia election meddling
U.S. Republican and Democratic senators introduced legislation on Wednesday seeking to deter Russia from meddling in U.S. elections by threatening stiff sanctions on its banking, energy and defense industries and sovereign debt.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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