Tag - us-banks

 
 

US BANKS

Japan Times
BUSINESS
Sep 1, 2016
Tailored loans support restoration of Kyoto's historic townhouses
For generations, artisans and merchants in Kyoto lived in thousands of traditional machiya townhouses that are steadily disappearing or falling into disrepair.
BUSINESS / Economy
Aug 31, 2016
Canada snubs U.S. in seeking to join China-led AIIB
Canada will apply to join the China-backed Asian Infrastructure Investment Bank, Ottawa's finance department said Wednesday, in a coup for Beijing after Washington tried to dissuade its allies from signing up.
Japan Times
BUSINESS / Tech
Aug 31, 2016
SWIFT discloses more cyberthefts, pressures banks on security
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its members' banks as it pressured them to comply with security procedures instituted after February's high-profile $81 million heist at Bangladesh Bank.
Japan Times
WORLD
Aug 31, 2016
Six U.S. senators urge Obama to prioritize cybercrime at G-20 summit
Six U.S. senators have urged President Barack Obama to prioritize cybercrime at this weekend's Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh's central bank, according to a letter obtained by Reuters.
BUSINESS / Companies
Aug 29, 2016
Japan's three biggest banks seeking business expansion in Africa
The three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe's pledge over the weekend to bolster measures to boost investment in the resource-rich continent.
Japan Times
BUSINESS / Economy / ANALYSIS
Aug 27, 2016
Yellen rejects radical overhaul of Fed's policy tools
For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to printing "helicopter money," Federal Reserve Chair Janet Yellen appears to believe she can tackle any downturn using the tools currently at her disposal.
Japan Times
BUSINESS / Companies
Aug 25, 2016
Bank trio arranging ¥1 trillion syndicated loan for SoftBank's acquisition of ARM
Three of the nation's top banks are considering extending a syndicated loan worth ¥1 trillion (about $9.96 billion) to SoftBank Group Corp. in September so it can finance the takeover of British semiconductor company ARM Holdings plc, sources close to the matter said Thursday.
BUSINESS / Markets
Aug 18, 2016
BOJ cornered as Japanese banks seen running out of bonds to sell
The nation's biggest banks are running out of room to sell their government bond holdings, pushing the central bank closer to the limits of its record monetary easing.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.
BUSINESS / Companies
Jul 29, 2016
Mizuho profit slides 16% on negative interest rate
Mizuho Financial Group, the nation's second-largest lender, said first-quarter profit dropped 16 percent, as Japan's negative interest rate hit income from loans and investments and failed to stoke broader borrowing.
BUSINESS / Companies
Jul 26, 2016
Japan's biggest bank to launch ATMs that use smartphone validation
The high level of security now available on smartphones has led Bank of Tokyo-Mitsubishi UFJ to plan ATMs that use validation by phone rather than card and PIN, sources said Tuesday.
BUSINESS / Markets
Jul 15, 2016
Banks would be turned off by BOJ paying them to borrow, experts say
Japan's major lenders wouldn't want the central bank to pay them to borrow even if policymakers seeking to kill off deflation made such an offer, according to people familiar with the matter.
BUSINESS / Companies
Jul 11, 2016
Standard Chartered establishes first brokerage in Japan with staff of 100
Standard Chartered Plc started its first brokerage business in Japan with 100 employees as institutional investors seek products from emerging markets in Asia, the Middle East and Africa for better returns.
Japan Times
BUSINESS / Economy
Jun 26, 2016
China touts AIIB's greater understanding of developing world
The China-led Asian Infrastructure Investment Bank (AIIB) will be different from institutions like the World Bank because it has a greater understanding of the developing world's needs, officials said Sunday at its first annual meeting.
BUSINESS
Jun 20, 2016
Beyond any turmoil linked to Brexit, central bankers dread long shadow of possibilities
Finally, a financial flare-up that the world's central banks will have seen coming.
BUSINESS / Companies
Jun 15, 2016
SMBC to launch rice farming business in a first for Japanese bank
Sumitomo Mitsui Banking Corp. will this fall launch a company to farm rice, officials said Wednesday. It will be Japan's first major bank to enter the agricultural sector.
Japan Times
BUSINESS
Jun 9, 2016
Japanese banks enter ranks of world's biggest energy lenders
Japanese banks, known for the risk-aversion that spared them the worst of the credit crisis, have quietly grown into some of the world's largest energy lenders.
BUSINESS / Companies
Jun 8, 2016
Japan's biggest bank may cease underwriting JGB auctions as negative rates bite
The main lending unit of MUFG says it may quit as one of the 22 primary dealers that underwrite government bond auctions.
Japan Times
BUSINESS / Companies
Jun 6, 2016
Citigroup touts global network to investors
Despite its withdrawal from Japanese retail banking more than a year ago, Citigroup sees good prospects for companies seeking business opportunities abroad and investors interested in global markets, the head of its Japan operations said.
Japan Times
WORLD / Crime & Legal
May 22, 2016
Cyberthieves exploit banks' faith in SWIFT transfer network
On Jan. 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong.

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