Tag - us-banks

 
 

US BANKS

Japan Times
BUSINESS
Oct 2, 2015
Kuroda's retreat from bonds stymied by expectations for more BOJ stimulus
With the economy weakening markedly, banks are flocking to longer-dated government debt on expectations the Bank of Japan will expand its stimulus program. That's creating fresh challenges for BOJ Gov. Haruhiko Kuroda, who's trying to get banks to buy fewer bonds and lend more.
BUSINESS
Sep 29, 2015
Japan's cheap debt, aging population prompt ex-banker to shift focus
Saburo Nishiura is using Japan's record-low borrowing costs to turn the nation's shrinking population to his advantage.
Japan Times
WORLD / Politics
Sep 22, 2015
'Putin's banker' files $10 billion claim against Russia
Sergei Pugachev, a tycoon once dubbed "Putin's banker" because of his influence in the Kremlin, has filed a claim against Russia for more than $10 billion after his business empire was carved up when he fell out of favour with President Vladimir Putin.
Japan Times
BUSINESS
Sep 22, 2015
Internet banking slow to take root in nation where branches offer friendly face time
For bank analyst Mac Salman, the Bank of Tokyo-Mitsubishi flagship branch in Tokyo is so majestic that he brings friends and family there when they visit Japan.
COMMENTARY / Japan
Sep 14, 2015
Japan Post IPO could provide much-needed jolt
The Japan Post initial public offering could be just what the doctor ordered to enliven the country's stagnant banking sector.
BUSINESS / Companies
Sep 14, 2015
Mitsubishi UFJ pivots back toward Japan as Krugman laments economy
Mitsubishi UFJ Financial Group Inc., the lender that has made about $13 billion in acquisitions overseas since its founding a decade ago, is making a pivot toward its home market.
JAPAN / Politics
Sep 3, 2015
My Number law revised, IDs to be linked to bank accounts from 2018
The Diet passed a bill Thursday to expand the use of a personal identification number to improve tax collection despite concerns over potential identity theft.
BUSINESS / Economy
Sep 3, 2015
As Asia depreciates, Japan megabanks fear for their loans
Japanese banks may be starting to regret their biggest increase in overseas lending in 30 years as Asian economies slump and currencies tumble.
Japan Times
BUSINESS
Sep 2, 2015
China's AIIB to offer loans with fewer strings than World Bank: sources
China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.
BUSINESS / Markets
Aug 25, 2015
Rout seen as encouraging Japan banks' flight to U.S. treasuries
Japanese banks were already returning to U.S. Treasuries before a plunge in global markets made Federal Reserve rate increases an even more distant prospect.
Japan Times
BUSINESS
Aug 13, 2015
Record-low bad debts make up for disappearing loan profit
Plunging interest rates are helping reduce Japanese banks' bad debt to record-low levels of almost a fifth of their highs 13 years ago.
BUSINESS / Companies
Aug 11, 2015
Mitsubishi UFJ to boost Taiwan staff as cross-strait trade grows
Mitsubishi UFJ Financial Group Inc. is seeking to expand its workforce in Taiwan as it pursues business from companies benefiting from increasing trade between the island and mainland China.
Japan Times
BUSINESS / Markets
Aug 6, 2015
Mizuho's Wall Street itch revealed in huge Actavis deal
When Actavis was preparing to buy Allergan, it gave Mizuho Financial Group Inc. a weekend to decide if it wanted to help come up with $46 billion in loans to back the deal, which had been code-named Project Fruit Basket.
Japan Times
CULTURE / Film
Jul 29, 2015
'Love & Mercy' is a biopic worthy of Brian Wilson and The Beach Boys
Real surfers don't listen to The Beach Boys. That's one of the first things I learned while hanging out at the ocean toting a surfboard, and it's also one of the lines from "Love and Mercy," a biopic about The Beach Boys frontman Brian Wilson. Along with his brothers, Dennis and Carl, and their cousin...
BUSINESS
Jul 28, 2015
Japan banks said to weigh lending billions of yen to Nikkei for acquisition of Financial Times
Sumitomo Mitsui Financial Group Inc. is among the banks that are preparing to offer about ¥100 billion ($810 million) in loans for Nikkei Inc. to buy the Financial Times, people with knowledge of the matter said.
BUSINESS
Jul 27, 2015
Japan banks likely to report gains in fees, overseas lending: analysts
Mitsubishi UFJ Financial Group Inc. probably led a slight increase in first-quarter profit at Japan's biggest banks as gains in fee income and overseas lending made up for shrinking loan profitability at home.
Japan Times
BUSINESS / Companies
Jul 23, 2015
Regional lenders want to work with Japan Post Bank, on one condition
As Japan Post Bank Co. prepares for an initial public offering and poses increased competition to regional banks, they are willing to do business with the state-owned company — on one condition.

Longform

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