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July 17, 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
May 1, 2019
No major system failures reported due to shift to new Japan era: Yoshihide Suga
There have been no reports of major system failures from the public or private sectors as a result of the change from Heisei to Reiwa, Chief Cabinet Secretary Yoshihide Suga said Wednesday.
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 / Companies
Apr 4, 2019
Toshiba Memory to draw ¥1.3 trillion in bank loans before going public
Toshiba Memory Holdings Corp. is set to draw a total of ¥1.3 trillion ($11.7 billion) in loans from four Japanese banks, sources familiar with the situation said late on Wednesday.
Japan Times
BUSINESS
Apr 3, 2019
Asian Development Bank sees growth in continent's developing countries slowing to 5.7% in 2019
The Asian Development Bank said Wednesday that growth in developing Asia will slow to 5.7 percent this year, down from 5.9 percent in 2018, due to slowing global demand and persistent trade tensions.
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.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Harry Kewell fired by Yokohama F. Marinos
Yokohama F. Marinos coach Harry Kewell before an Asian Champions League match against Ulsan Hyundai, in Ulsan, South Korea, on April 17
Statue of A-bombed Japanese girl in Seattle stolen
The Sadako and the Thousand Paper Cranes statue in Seattle's Peace Park. The statue was reported missing on Friday by the city government of Seattle.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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