Tag - banks

 
 

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.
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.
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 / 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.
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.
WORLD / Politics
May 19, 2016
Wall Street bearish on Trump’s call to scrap Dodd-Frank reform law
U.S. banking lobbyists said on Wednesday they disagree with presidential candidate Donald Trump’s call for a wholesale repeal of President Barack Obama’s financial reform law, even though they share his view that it is overly burdensome.
WORLD / Society
May 19, 2016
Ricochets from guards’ guns kill trio in throng making run on Tripoli bank
Bank guards shot dead three people as they tried to disperse a crowd of hundreds of people lining up for cash outside a bank in the Libyan capital Tripoli on Wednesday, a security official said.
Japan Times
BUSINESS
May 18, 2016
U.S. eases some Myanmar sanctions to push reforms but keeps most economic curbs in place
The United States eased some sanctions on Myanmar on Tuesday to support ongoing political reforms, but maintained most of its economic restrictions in an effort to punish those Washington sees as hampering the country’s newly elected government.
BUSINESS / Companies
May 17, 2016
Mitsubishi UFJ projects 11% lower profit amid negative rates
Mitsubishi UFJ Financial Group Inc. sees full-year profits falling 11 percent as negative interest rates squeeze loan profitability and the costs of bad loans increase.
COMMENTARY / World
May 12, 2016
Trump’s trolling of American bankers is just plain crazy
China and Japan hold $2.4 trillion of Treasuries, a reminder the U.S. is financed by the kindness of strangers.

Longform

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