Japan

Cybercriminals increasingly targeting Asian banks

Online banking malware increases 29% in Q2.

Japan investigating Deutsche Bank for alleged financial misdeed

Deutsche provided excessive entertainment to Japanese pension fund executives.

Improved variant of Citadel malware now attacking Japanese banks

Steals information and webmail services credentials.

Mizuho Securities Asia appoints Damian Rowe as MD, head of fixed income trading for Asia Pacific

Mizuho Securities Asia Limited (“MHSA”) has appointed Damian Rowe as Managing Director and Head of Fixed Income Trading for Asia Pacific (excluding Japan). Based in Hong Kong, Mr. Rowe’s appointment is part of Mizuho’s strategic efforts to grow its client-focused pan-Asia Fixed Income Sales and Trading businesses. As one of Asia’s largest bond houses, Mizuho offers unique underwriting, sales and trading solutions to its diverse and growing client base.

Mizuho makes bid for Indonesia’s PaninBank

Will buy ANZ’s 39.2% stake in the Indonesian bank.

Is consolidation of Japanese regional banks underway?

Regional banks face tougher business environment, however.

Virus infects 16,000 computers in Japan

Steals user IDs and passwords to empty bank accounts.

Mizuho net profit jumps 35%

Boosted by a rally in Japanese stocks.

SMFG doubles Q1 profit to US$2.9 billion

Equity investments and brokerage unit profit drive growth.

MUFJ reports 40% profit surge

Buoyed by strong performance in its fee-related business.