Japan
Japan Post Bank merges investment arms to form new asset manager
Japan Post Bank merges investment arms to form new asset manager
JP Asset Management will be the surviving entity.
Mizuho and Fujitsu automate 70% of SME order processing tasks
It streamlines 70% of order processing tasks by elimination manual input and conversion work.
MUFG deploys real-time anonymization across unstructured data
On-premises processing keeps MUFG data off external clouds
SMBC invests in Rakuten Medical cancer therapy venture
The investment was part of the bank’s social value creation investment fund.
Citi names Yuko Nakayama as head of ECM for Japan investment banking
The ECM team in Japan will report to Nakayama.
Japanese megabanks see profit rise, but capital remains a weakness
Overseas expansion is another risk, as it could raise credit costs, warned Fitch.
Norinchukin logs $540m profit in H1 FY2025
This is a reversal from the loss recorded in the same period in FY2024.
Japan Post Bank’s net income up 7.8% to $1.55b in H1 FY2026/3
It has not revised its net income forecasts for the year.
MUFG now Sakana AI’s largest Japanese investor
Its projects include an AI capable of rewriting its own code for self-improvement.
SMFG’s profit rose 28.72% to $6.04b in H1 FY2025
Its comprehensive income more than doubled during the period.
Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025
Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
Foreign institutions pursue market entry as Japan strengthens fintech rules
Reliability defines Japan’s fintech advantage in Asia
Nomura Holdings’ net income up 17.5% to $700.2m in H1 FY2025
Its total revenue fell, but net income was higher.
Mizuho Bank names new global transaction banking head
Hidekatsu Take will remain head of global corporate & investment banking.
MUFG sets up equity fund to invest in middle, late-stage startups in Japan
Japanese startups struggle to achieve sufficient growth due to lack of support.
State Street completes transfer of Mizuho’s $850b custody business
Mizuho will collaborate with State Street for global custody and related services.
SMBC Group, Jefferies to establish wholesale equities business in Japan
SMBC is also increasing its investment in Jefferies to up to 20%.
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