Japan

Mizuho buys tech-based carbon dioxide removal credits

Mizuho buys tech-based carbon dioxide removal credits

It has joined a joint carbon credit facility to promote and disseminate such technologies.
4 days ago

Japan’s SMBC enters partnership agreement with Avispa Fukuoka

It will introduce a scholarship program and promote use of sports data utilization.
6 days ago

Citi names Akira Hoshino as head of markets for Japan

Hoshino was head of FX and has led Citi’s rates sales since 2022.
6 days ago

SBI Shinsei Bank outlook stable despite $2.2b repayment deal

On 7 March, it agreed to repay JPY330b in public funds to the Japanese government.

SMBC Aviation Capital receives $445m settlement for terminated Russian contracts

SMBC expects to record equity gains of affiliated companies amounting to $250m.

MUFG acquires 9.98 million shares in JACCS

MUFG sees JACCS as a core company in its consumer finance strategy.

SMBC, Nomura to issue digital bond with new settlement scheme

They are also working on a proof of concept for settlement of securities using digital currency.

Nomura setting up fourth banking division

Regulatory authorities likely guided it to set up a separate banking division.

Nomura Securities establishes Sustainable Innovation Investment Scheme

It will provide financial advice and financial services to support transition and innovation.

Smartpay, Chubb launch embedded insurance in Japan

Cashless payments account for 50% of consumer monthly spending in Japan.

Nomura’s profitability, earnings stability strengthen through 2025

Enhanced risk management will reduce risk of losses and earnings volatility.

MUFG Bank to invest in life sciences investment fund

The fund aims to establish startups as well as develop and launch new drugs.

Norinchukin names new CEO, establishes new senior director roles

Its research and asset management leaders are nominated as Director and Senior Managing Officers.

Mizuho Bank, GenZero ink MOU for transition credit-use

They aim to develop capital raising mechanisms that use the credits.