Japan

Mizuho Bank, GenZero ink MOU for transition credit-use

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

Sumitomo Mitsui unveil Grantee Introduction Services

Customers will be connected to entities and institutions that support education.
2 days ago

Norinchukin Bank enhances CET-1, Tier 2 capital

The move comes with “strong support” from its member cooperatives, the Japanese bank said.

Mizuho’s profits tripled in 9M FY2024

Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.

Aozora Bank's Q3 profit soars 90.2% to ¥90.2b

Thanks to the improvement in net interest income.

AEON Bank told to improve measures against money laundering and terrorism financing

Japan's FSA suspected the bank of having left 14,369 transactions unaccounted for.

MUFG Bank reprimanded for securities-related lapses

MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.

Japan’s SMBC launches new finance scheme for semiconductor industry

SMBC will structure loans based on valuations made by two firms.

MUFG execs take pay cut after safe deposit box incident

The bank is also strengthening its safe deposit box checks and procedures.

Japan’s Resona group banks, Fujitsu launch home-buying web service

It enables users to record observations in property viewings.

MUFG Bank reorganizes overseas securities subsidiaries

Three securities firms will now become direct subsidiaries of the bank.

JCB expands contactless payment services to New Jersey public transportation

The service will be available on contactless bus and light rail validators.

Japanese banks seek M&As overseas

MUFG has spent a billion dollars buying a stake in fintechs.