Japan

Mizuho Bank to become major shareholder of Rakuten Bank

Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.
3 days ago

MUFG trims bond portfolio to limit losses but earnings slowdown looms

Its earnings growth is expected to slow to 5% from fiscal 2027.
3 days ago

Built to last: How Japan is approaching the cross-border payments challenge

Japan is extending it until the reliability it has delivered domestically is matched by when a payment leaves borders.
4 days ago

Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment

Rakuten Bank said that Mizuho “has not made any decision” regarding the investment.
5 days ago

SMFG logs record profit of $10.02b in FY3/2026

The Japanese megabank aims for a $10.7b net profit for FY3/2027.

SMFG launches shareholder benefit program ahead of 2-for-1 stock split

They will be granted up to JPY30,000 worth of rewards points, amongst other perks.

Japan's megabanks eye record earnings as BOJ rate hikes boost margins

Their earnings may further rise over the next two years.

Japan fintech market to hit $33b with 13% CAGR

Artificial intelligence blockchain and machine learning are driving sector expansion.

Japanese banks build hidden risk in offshore credit push

Currently, direct exposure to US private credit appears limited at Japan’s major institutions, Fitch said.

Japan Post Bank flags $27.07b securities losses for FY2026

It does not expect the losses to have any impact on its earnings or annual dividend.

Mizuho, Nomura and partners launch blockchain trial for bond collateral

The project will test whether the transfer of rights and updates to book-entry transfer records can be executed using blockchain.

Crédit Agricole shifts 350 staff into new Japan office

The group has opened a workplace on the 50th floor of Azabudai Hills Mori JP Tower.

SMFG completes acquisition of US-based Air Lease Corporation

Sumitomo Corporation now holds 47.51% of voting rights.

MUFG breaks ground on new HQ with 2030 target completion

It will have a total floor area of about 169,000 square meters.

SMFG targets 15% ROTE with new medium-term plan and vision

It named IT transformation a major management priority.