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November 24, 2024
 

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US BANKS

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.
Japan Times
BUSINESS / Economy
Apr 1, 2019
Bank of Japan should avoid pushing rates further below zero, head of lenders' association says
The new head of the nation's main banking lobby is warning the Bank of Japan against deepening negative interest rates, signaling that such a move could spur risky investment and put further pressure on lenders' profits.
Japan Times
BUSINESS / Companies
Mar 9, 2019
Personal seals lose ground as big Japanese banks stop using 1800s technology
It has taken more than a century, but Japanese banks are finally parting ways with a piece of technology that hasn't felt cutting edge since the shogun reigned.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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