Tag - banks

 
 

BANKS

Japan Times
BUSINESS / Economy
Oct 19, 2018
China urges investor calm while stopping short of market rescue
China's top financial officials moved to shore up confidence in the country's tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sell-off since 2015 from infecting the world's second-largest economy.
Japan Times
BUSINESS / Companies
Oct 15, 2018
Mizuho to hire hospitality and media veterans as it expands corporate access services in Japan
Flight attendants and television producers seeking a career change might want to look up Japan's third-biggest bank.
Japan Times
BUSINESS
Oct 9, 2018
North Korea hackers tried to get $1.1 billion in global bank attacks: FireEye
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc.
Japan Times
BUSINESS / Markets
Oct 8, 2018
China slashes banks' reserve requirements as trade war with U.S. imperils growth
China's central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
EDITORIALS
Sep 12, 2018
A regional bank's unscrupulous lending bites back
A regional bank's unusually strong performance was propped up by dubious lending practices.
COMMENTARY / World
Sep 4, 2018
Cash ban may have driven Indians away from banks
The chaos of demonetization probably made millions leery of formal finance.
EDITORIALS
Aug 29, 2018
Promoting regional bank mergers
The upheaval in Japan's demographics is causing a shake-up in the regional banking sector, requiring wise oversight by regulators.
Japan Times
BUSINESS / Companies / FOCUS
Aug 24, 2018
Mizuho's new leader Tatsufumi Sakai gears up to reform struggling mega-bank
When Tatsufumi Sakai was named chief executive and president of Mizuho Financial Group this year, many bankers and investors were surprised.
Japan Times
BUSINESS
Aug 23, 2018
'Don't blame BOJ,' FSA chief Toshihide Endo tells struggling regional banks
The nation's top financial regulator said regional banks "should not blame the Bank of Japan" for their woes, urging them to explore ways to survive ultralow interest rates.
Japan Times
BUSINESS
Aug 21, 2018
Japan offers clue for British banks' future in Europe after Brexit, U.K. says
The U.K. now sees its banks having a similar relationship with the European Union after leaving the bloc as Japanese ones do.
BUSINESS
Aug 11, 2018
Higashi-Nippon Bank's chairman to resign over lending scandal
Higashi-Nippon Bank announced Friday that Chairman Michito Ishii will step down at the end of the month over its involvement in improper lending practices.
Japan Times
WORLD / Politics
Aug 10, 2018
Russia tells Washington curbs on its banks would be act of economic war
Russia warned the United States on Friday it would regard any U.S. move to curb the activities of its banks as a declaration of economic war which it would retaliate against, stepping up a war of words with Washington over spiralling sanctions.
BUSINESS / Economy
Aug 9, 2018
BOJ's higher JGB yield said too low for regional lenders to switch strategies
The yields on Japan's benchmark bond are still too low to lead to any change in investment strategies for regional lenders, even after the central bank permitted a higher trading range, according to managers and traders at the companies.
Japan Times
BUSINESS / Companies
Jul 10, 2018
Japan mega-bank MUFG considers job cuts in overseas brokerage business
Mitsubishi UFJ Financial Group Inc. is considering job cuts at its securities operations overseas to keep them profitable.
ASIA PACIFIC / Crime & Legal
Jul 5, 2018
The cover-up: Malaysian officials reveal just how much 1MDB probe was obstructed
The government of former Malaysian Prime Minister Najib Razak spent years systematically obstructing probes into the alleged looting of state fund 1MDB while also ruthlessly muzzling critics, according to current and former government officials.
BUSINESS
Jun 22, 2018
Japan's financial watchdog tells banks to report suspicious transfers by joint ventures with North Korea
The Financial Services Agency has told banks to report any suspicious money transfers involving 10 Japan-North Korea joint ventures, two people with direct knowledge of the matter said Friday.
BUSINESS / Companies
Jun 11, 2018
Banking veteran slams Japanese banks' fixation on archaic trading methods
Regional banks need to stop their fixation with the old-fashioned buy-and-hold strategy and be more nimble to make the most of their investments, a three-decade industry veteran says.

Longform

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