Japan

Which Asian banks will lose steam amidst the silver population takeover?

India, Indonesia, and the Philippines will benefit from a favourable demographic shift whilst Korea and Japan will flounder.

Which Asian banks will lose steam amidst the silver population takeover?

India, Indonesia, and the Philippines will benefit from a favourable demographic shift whilst Korea and Japan will flounder.

Can Japanese banks plug the void left by retreating US lenders?

Cross-border exposure of Japanese banks have surged to $3.7t in March.

MUFG Bank to form venture with property agency to redevelop closed branches

The new company will also study where to put slimmed-down branches.

Alipay eyes tie-up with Japanese regional banks to boost coverage

The mobile payment platform has already partnered with Yahoo Japan.

Japan's competition watchdog approves merger of Nagasaki banks

Fukuoka Financial Group and Eighteenth Bank are expected to merge in April 2019.

Japan's mega banks embrace robots to cut costs

Sumitomo is turning to RPA to cut workloads equivalent to 4,000 employees.

MUFG Bank eyes cutting domestic ATM network by 20% to 6,700

Online sales and cashless payments will fill in the gap.

Japanese regional banks eye information sharing to combat financial crime

A system that shares information on suspicious customers and transactions is being considered.

Regulator launches probe into Japanese regional banks internal audit

The move comes after a bank was alleged to have charged customers illicit commissions.

MUFG Bank raises stake in Bank Danamon to 40%

The bank is now a controlling shareholder with 40% interest.

Japanese banks jumpstart SEA expansion in bid for survival

Juroku Bank and Ashikaga Bank opened a Hanoi and Bangkok unit.

MUFG Bank appoints Manoj Bhatia as head of global subsidiary banking for Asia & Oceania

He will head the team developing multinational client portfolios for 13 regional markets.

Mizuho taps on Japan's wealthy elderly to boost dismal lending

The bank aims to achieve a $2.7b asset balance in the next five years.

Japanese banks move to halt all transactions with Iran

The move follows the exit of US from the nuclear agreement deal.

Lending crunch fails to cripple Japan's mega banks as they join world's largest 20 lenders

MUFG is the ninth largest bank globally with a tier 1 capital of $153.04b.

MUFG Bank to add 100 private bankers in securities venture with Morgan Stanley

The bank aims to have around 280 financial advisers in the next three years.

Japanese banks speed up cashless push before 2020 Olympics

Mizuho, MUFG Bank, and Sumitomo have agreed to unify QR code specifications.