Tag - us-banks

 
 

US BANKS

EDITORIALS
Jun 6, 2018
Scrutinize the regional bank lending fiasco
A bank in Shizuoka provides a lesson in what regional banks should not do to survive the industry's tough business conditions.
BUSINESS
Jun 6, 2018
Japan's financial regulators mull inspections of regional banks' money laundering measures
Japan's financial regulators are considering on-site inspections of regional banks that do not have sufficient steps in place against money laundering, sources with knowledge of the plan said Wednesday.
Japan Times
BUSINESS / Markets
May 25, 2018
Trump inks bill that 'rolls back the crippling Dodd-Frank' rules put on banks after crisis
U.S. President Donald Trump signed into law on Thursday a bill that would ease rules on most banks for the first time since the 2007-2009 financial crisis.
Japan Times
BUSINESS / Companies / ANALYSIS
May 22, 2018
Japan's earnings reports mostly disappoint, but analysts see hope ahead
With Japan's quarterly reporting period almost over, one analyst summed up the general feeling about companies' profit performance.
Japan Times
JAPAN / Crime & Legal
May 15, 2018
Eight-year prison term sought for president of failed Tokyo travel agency Tellmeclub
Prosecutors are demanding eight years behind bars for the president of failed travel agency Tellmeclub, who is accused of defrauding two banks of about ¥550 million in loans by doctoring earnings data.
Japan Times
BUSINESS
May 15, 2018
Regional banks fight for inheritance to ensure their survival
Where there's a will, there's a way. That's what banks across Japan are counting on as they try to keep hold of the ¥50 trillion in wealth left by their customers each year when they die.
Japan Times
BUSINESS / Companies
May 11, 2018
Three mega-banks consider sharing ATMs to boost profitability
Japan's three megabanks are considering the joint management and development of ATMs to cut costs and boost profitability, as they are currently struggling in the extremely low interest rate environment, a source close to the matter said Friday.
BUSINESS
May 10, 2018
Japan's Financial Services Agency to allow banks to shut on weekdays
The Financial Services Agency plans to allow banks to shut on weekdays by easing a regulation covering the days they can stay closed.
EDITORIALS
Apr 29, 2018
Competitive policy amid the falling population
With the population shrinking, markets are contracting. The government needs to decide how best to maintain competition between companies in such an environment.
BUSINESS / Companies
Apr 27, 2018
Mitsubishi UFJ group to book ¥40 billion extraordinary loss as it streamlines branches
Mitsubishi UFJ Financial Group Inc. plans to book an extraordinary loss of about ¥40 billion ($370 million) in fiscal 2017 as its banking unit is considering reorganizing about 15 percent of domestic branches, sources close to the matter said Friday.
Japan Times
COMMENTARY / World
Apr 16, 2018
How central banks should and shouldn't tackle global warming
Monitoring the impact of climate change is sensible, but tipping the scales is dangerous.
COMMENTARY / World
Apr 7, 2018
Fintech can address Asia's inequality
Innovations in finance technology can increase the level of access to capital and financial inclusion in Asia.
Japan Times
BUSINESS
Apr 5, 2018
Banks rush to turn Japan cashless before legal change attracts tech giants
Japanese banks, long content to foster the nation's love for cash, are now diving into digital payments thanks to a regulatory change that threatens to usher in new rivals.
Japan Times
BUSINESS / Companies
Mar 24, 2018
Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll
Japan's three mega-banking groups plan to hire fewer new graduates in April 2019, it was learned Saturday.
Japan Times
JAPAN / Science & Health
Mar 21, 2018
Japanese researchers seek to read Mario Draghi's poker face to predict European Central Bank policy
If European Central Bank chief Mario Draghi appears slightly more downbeat at his regular news conference than before, it could foreshadow a possible move by the bank to trim its monetary policy stimulus.
Japan Times
BUSINESS / Markets
Feb 27, 2018
Japan's financial regulation shake-up seen as a game changer for banks
The Financial Services Agency is laying the groundwork for a regulatory overhaul that could lead to a shake-up in Japan's ¥1 quadrillion banking industry.
Japan Times
BUSINESS
Feb 23, 2018
How an Indian bank's $1.8 billion fraud went unnoticed
The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical center of one of the world's fastest-growing major economies.
Japan Times
BUSINESS
Feb 22, 2018
India's state-run bank adopts strict SWIFT controls after $1.77 billion fraud case
India's state-run Punjab National Bank has stepped up its controls on the use of SWIFT, a global payments network, following an alleged $1.77 billion fraud, according to memos issued this month and seen by Reuters.
Japan Times
JAPAN / EXPLAINER
Feb 12, 2018
Japan's staff-heavy banks downsize and turn to technology for survival
These are tough times for banks.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 27, 2018
Is artificial intelligence killing Japan's banks?
As part of an ongoing series about artificial intelligence, the Asahi Shimbun on Jan. 11 published a story that asserts the financial industry has adopted AI more readily than any other. Because finance is a data-driven endeavor, designing AI software to do things such as read and analyze reams of economic...

Longform

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