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July 17, 2024
 

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US BANKS

Japan Times
JAPAN
Jan 26, 2018
Lottery tickets in Japan will be sold online from October in bid to boost sales
Aiming to boost slumping sales, the internal affairs ministry said Friday that starting in October, people will be able to purchase tickets online for most public-run lotteries.
Japan Times
COMMENTARY / Japan
Jan 23, 2018
Japan and Europe start the central bank reset
Officials are going to respond accordingly to the improving global economy.
BUSINESS / Companies
Jan 15, 2018
Mizuho hires GIB Capital banker for Saudi Arabia expansion
Mizuho Financial Group Inc. hired GIB Capital LLC banker Khalid Al Ghamdi to head its Saudi Arabia business as the bank seeks to expand in the kingdom.
Japan Times
BUSINESS / Companies
Jan 15, 2018
Mizuho CEO Yasuhiro Sato to be succeeded by securities chief Tatsufumi Sakai
Mizuho Financial Group Inc. said Monday that President and CEO Yasuhiro Sato will be succeeded by Tatsufumi Sakai, head of the group's securities unit, effective April 1.
BUSINESS / Companies
Jan 14, 2018
Japan's regional banks entering project financing industry to tap overseas boom in infrastructure projects
Japan's regional banks are strengthening overseas project financing operations to meet growing demand for funds needed to pursue infrastructure and energy development projects.
JAPAN / Crime & Legal
Jan 4, 2018
Japan's banks secure access to police agency database to help screen for yakuza and other 'anti-social forces'
Starting Thursday, Japanese Bankers Association members will be able to screen individual loan seekers using the National Police Agency's database of organized crime members.
Japan Times
BUSINESS / Companies
Jan 2, 2018
Japan's biggest banks downsize to stay alive amid population decline
The country's banking giants race to adapt to changing business conditions thanks to a graying population and the spread of online banking.
Japan Times
COMMENTARY / Japan / SENTAKU MAGAZINE
Dec 26, 2017
Why SMEs should fear megabank restructure
The massive restructuring being planned at major Japanese banks may result not just in job cuts for the highly-paid bank employees but a much broader, serious consequences for the economy.
BUSINESS / Markets
Dec 18, 2017
Central banks quietly trim stimulus while hoping to maintain global growth
Central bankers are gingerly trying to take away the punch bowl without interrupting the party.
EDITORIALS
Dec 12, 2017
Two decades after Japan's financial crisis
Japan's financial crisis may seem like ancient history, but banks are now facing considerable challenges.
BUSINESS / Markets
Dec 5, 2017
Alan Greenspan's 'conundrum' said revived as banks mollycoddle markets
Alan Greenspan's conundrum is back, and central bankers' new-found love of treating markets with kid gloves is playing a large part.
Japan Times
BUSINESS / Companies
Nov 13, 2017
Mizuho to shed 19,000 jobs — about a quarter of workforce — over next decade as profits dwindle
As Mizuho Financial Group Inc.'s announced falling profits the Japanese bank offered a bleak assessment of its long-term outlook, confirming it will eliminate thousands of jobs to cut costs.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
Japan Times
BUSINESS
Nov 6, 2017
Japan's regional banks, facing demographic challenges, turn to deal-making for revenue
The grim outlook for smaller regional banks, who are suffering as the rural population shrinks rapidly, is prompting some to dive into a new, potentially lucrative line of business that until now was largely taboo: mergers and acquisitions.
Japan Times
BUSINESS / Economy
Nov 2, 2017
Trump said to pick Jerome Powell as Fed chairman, replacing Janet Yellen
President Donald Trump plans to nominate Federal Reserve Gov. Jerome Powell to the top job at the U.S. central bank, according to four people familiar with the decision.
Japan Times
BUSINESS / Companies
Oct 29, 2017
Japan's biggest bank plans to slash branches 20 percent and trim payroll
The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, is considering shrinking its domestic branch network by up to 20 percent to boost profitability.
Japan Times
BUSINESS / Companies
Oct 25, 2017
State-backed lender Shoko Chukin handed out ¥265 billion in shady loans, internal probe finds
An internal probe at Shoko Chukin Bank, the government-backed lender for small and midsize companies that is mired in a scandal over improper financing, has found it handed out ¥265 billion ($2.3 billion) in shady loans, the bank said.
Japan Times
JAPAN / CHUBU CONNECTION
Oct 2, 2017
Aichi food bank builds dedicated warehouse to support hungry families, reduce waste
Nowami Consultation Center has set up a warehouse next to its office in Ichinomiya, Aichi Prefecture, dedicated to storing supplies for a food bank that feeds the homeless, struggling families and foreign residents in need.
Japan Times
BUSINESS / Companies
Sep 25, 2017
MUFG plans to make inroads into Canadian market with capital markets platform
Mitsubishi UFJ Financial Group Inc. is looking to build a capital-markets platform in Canada, with plans to hire as many as 10 people in Toronto to manage bond deals and stock sales by early next year.
Japan Times
BUSINESS
Sep 22, 2017
FSA shakes up asset-management firms with cheap funds to get individuals to move cash into stocks
An outspoken regulator has unleashed an unusual tactic to shake up Japan's asset-management industry.
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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