Tag - banks

 
 

BANKS

BUSINESS / Companies
Dec 13, 2013
Sumitomo Mitsui to buy U.S. rail car lease firm
Sumitomo Mitsui Financial Group Inc. has agreed to buy railroad car-leasing company Flagship Rail Services LLC from a unit of Perella Weinberg Partners.
Japan Times
BUSINESS / YEN FOR LIVING
Dec 10, 2013
For customers of Japan's biggest bank, it's about to become harder to avoid fees
Banking at convenience stores will soon be more expensive.
COMMENTARY / World
Nov 24, 2013
Why banks shouldn't be blamed for the recession
Banks didn't cause — and shouldn't be punished for — the recession.
Japan Times
BUSINESS / Companies
Nov 15, 2013
Mitsubishi UFJ, Mizuho bump up profit goals
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. raised their full-year profit goals after the economic revival spurred lending and an equity rally boosted fees and the value of their shareholdings.
Japan Times
BUSINESS
Nov 14, 2013
Mizuho group raises profit forecast by 20%
Mizuho Financial Group Inc. raised its full-year profit forecast 20 percent as the stock market rally spurred fee income and the value of its share-holdings.
COMMENTARY / World
Oct 25, 2013
What to do with banks that are 'too big to fail'?
The travails of JPMorgan Chase have reopened the debate about what to do with American and European banks that are 'too big to fail.' The result so far is an uneven playing field.
Japan Times
BUSINESS / Companies
Oct 23, 2013
U.S. sees huge JPMorgan deal as template for future bank settlements
The U.S. Justice Department plans to use its tentative $13 billion settlement with JPMorgan Chase as a blueprint for reaching similar deals with other banks in probes related to bad mortgages and the 2008 financial crisis.
BUSINESS
Oct 4, 2013
U.S. regulators offer look at banks' 'living wills' for unwinding in crises
In the event of a catastrophic market meltdown or a plain-old company collapse, Wall Street's titans say they are prepared and won't need to turn to taxpayers for help.
BUSINESS / Companies
Sep 17, 2013
'London Whale' to cost JPMorgan $750 million
Authorities in the United States and Britain are set to hand down roughly $750 million in fines against JPMorgan Chase over the bank's disastrous "London Whale" trading losses last year, according to people familiar with the negotiations.
Japan Times
BUSINESS
Sep 16, 2013
Summers pulls out of race to be Fed chief
White House adviser Lawrence Summers quits the race for Federal Reserve chairman after a highly unusual political assault against the brusque but brilliant economist.
Japan Times
BUSINESS
Aug 25, 2013
Challenges are just beginning for central banks
The global financial crisis is for all practical purposes over, but the world's top central bankers think their problems are just beginning.
Japan Times
BUSINESS
Aug 2, 2013
Ex-Goldman exec Tourre liable for duping investors
A federal jury found former Goldman Sachs executive Fabrice Tourre liable on Thursday for duping investors about a shoddy mortgage deal on the eve of the housing market's crash, the first major court victory for the Securities and Exchange Commission in its quest to hold Wall Street accountable for the...
BUSINESS
Jul 26, 2013
Regional financial firms should integrate across borders: LDP's Shiozaki
Regional financial institutions should consolidate across geographical boundaries to help revive the economy, lawmaker Yasuhisa Shiozaki of the ruling Liberal Democratic Party said.
Japan Times
BUSINESS / Markets
Jul 10, 2013
NYSE Euronext to take over Libor oversight
Britain will hand over administration of the London interbank offered rate (Libor) to the operator of the New York Stock Exchange as regulators try to revive confidence in the scandal-hit benchmark.
Japan Times
BUSINESS
Jul 3, 2013
Fed approves rules requiring banks to set aside more capital
The Federal Reserve Board on Tuesday ordered banks to set aside more capital as a cushion against losses, bringing the United States in line with developing international standards and opening the door for a set of tougher rules for the nation's biggest financial institutions.
BUSINESS
Jul 3, 2013
MUFG seeks Ayudhya deal in July
Mitsubishi UFJ Financial Group Inc. is seeking to strike a deal for control of Thailand's Bank of Ayudhya Pcl as soon as this month, two sources said.
BUSINESS
Jun 27, 2013
Probe launched after Anglo Irish execs' calls leaked
A former executive at Anglo Irish Bank Corp. said it would be "fantastic" if the state took over the lender, as "we'd all get to keep our jobs" and sang "Deutschland uber alles" as the bank won German deposits, according to tapes of 2008 conversations released last Wednesday.

Longform

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