Japan

Why Japan megabanks' big gains could be short-lived

Effects of monetary easing could be temporal.

Why Japan megabanks' big gains could be short-lived

Effects of monetary easing could be temporal.

Why Japanese banks' core profitability lacks strength

Core lending has yet to benefit from Abenomics.

Orix to acquire 6% of Cambodia’s largest commercial bank

Will be largest Japanese investment in Cambodian banking sector.

Hottest jobs in the Asian banking and finance sector

Staff movement is creating vacancy activity throughout the Asian finance and banking sector as people decide to change employers – giving us evidence that candidates are gaining confidence in the recovery of the banking industry as they explore their options and look for opportunities to develop their careers. Christine Wright, Operations Director for Hays in Asia, discusses the trends and current opportunities across the region from the latest Hays Quarterly Hotspots list.

SMFG raises 2014 profit forecast by 29%

First-half earnings climb to a record.

Yakuza loan scandal widens

Shinsei Bank admits doing business with mobsters.

Mizuho to punish bank executives over loans to gangsters

Scandal taints group president Yasuhiro Sato.

Japanese banks get tougher on gangster money

Team-up with police to share information.

BTMU to promote investment in Vietnam province

Believes Dong Nai has huge potential for attracting investment.

Japan’s monetary base hits record high

Rose 43% on Japan’s monetary easing.

Jiro Seguchi named sole head of Bank of America Merrill Lynch investment banking

Seguchi, currently co-head of Asia Pacific Global Corporate & Investment Banking (GCIB), the company’s investment banking business in Asia Pacific, will move from Tokyo to Hong Kong, said Reuters.

Mizuho Bank warned not to do business with the yakuza

Government says bank not doing enough to stop this.

Japan and Turkmenistan sign banking cooperation agreement

Agreement will also contribute to the economic development of Turkmenistan.

BTMU to operate in Turkey

Receives government approval to open branch.

UBS Japan fined US$100 million over LIBOR fixing

US says UBS traders wanted to get rich quick.