Japan

Profits of Japan’s top three banks in peril

Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high.

Profits of Japan’s top three banks in peril

Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high.

Bank lending in Japan rises for the seventh month

Bank lending grew again in April on the back of efforts to rebuild areas ravaged by the earthquake and tsunami of 2011.

Mitsubishi UFJ looks overseas for salvation

Japan’s biggest bank intends to generate some 40% of its profit overseas from the present 28%.

Japanese banks' net profits soared in 2011

Looks like Japan's banking sector managed to thrive in the midst of disasters.

Palm reading ATMs to debut in Japan

A new technology literally places the security of your deposits in the palm of your hand.

Mitsubishi UFJ goes for more M&As in the USA

Japan's biggest lender has not lost its appetite for massive mergers and acquisitions.

Merger creates Japan's biggest trust bank

Three Japanese trust banks have been merged last Sunday to create the nation 's biggest trust bank.

What to do with US$120 billion in Eurozone assets?

Mitsubishi UFJ Financial Group ponders what it needs from among US$120 billion in unwanted European assets on its doorstep.

Will Japanese banks succeed in conquering Australia?

Reports say they have plans of getting 10% of the Aussie banking industry - find out what Patrick Winsbury from Moody's thinks.

AIJ investors advisors: made (off) in Japan

The unfolding scandal in Tokyo involving pension investment management firm AIJ Investment Advisors Co. is depressingly predictable.

Why the war on cash is doomed to fail

Every time a new way of paying for something has arrived – credit and debit cards, internet payments, contactless cards, mobile phone payments – the imminent death of cash has been announced. It sounds a reasonable prediction to make given the convenience of these new methods.

M&As by Japanese banks and others rise to record heights

Yes, you can definitely blame it on the strong yen.

HSBC abandons retail banking operation in Japan

A massive restructuring by the world’s second largest bank continues to surprise with its depth.

Untapped Cambodia welcomes Japanese banking giant

Sumitomo Mitsui Banking Corporation, Japan’s second largest bank in asset size, has just opened a representative office in Phnom Penh.

Bank of Tokyo explores Cambodian market

The Bank of Tokyo Mitsubishi UFJ will penetrate deeper into the Cambodian market with the launching of its representative office.

SMFG leads Japan’s second wave of global M&As

The strong yen, a bane for Japanese exporters, is proving a gold mine for Japanese banks intent on mergers and acquisitions aboard, especially in Europe.

Japan bank lending up for 4th straight month

Aided by steady demand for business funds in areas hit by the massive March earthquake, Japanese bank lending grew 0.7 percent in January from a year earlier to 396.73 trillion yen