Japan

Nomura Holdings slashes EU assets by 83%

The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy.

Nomura Holdings slashes EU assets by 83%

The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy.

Bank of China opens Kobe, Japan branch

Nank of China opened its its sixth branch in Japan in Kobe.

Mitsubishi UFJ raises full-year profit target by 50%

The Japanese bank's gain from conversion of shares in Morgan Stanley drove the profit target increase.

Japanese megabanks' net profits better than expected

The net profits of Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. from April to September came in better than initial estimates.

Japanese banks to buy assets in the euro zone

With more than $6 billion in spare cash, why not?

Don’t be fooled by Japanese banks’ offshore growth: Fitch

Accumulated amount of all overseas investments by Japan's mega banking groups is about 2% of Tier 1 capital - but Fitch believes this growth is negligible in the near term.

Japanese banks shift money into US to escape Euro crisis

The sovereign debt crisis in the Euro zone sure got Japanese banks worried.

Nomura Holdings to cut jobs in Japan

Nomura has plans to triple cost cuts to $1.2 billion after incurring its first quarterly loss.

Japan bank loans down by 0.3% in September

Japanese banks lent  0.3 percent less in September compared from a year earlier, reports Reuters.

Underdog no more: Goldman Sachs beats other firms as top Japanese M&A adviser

After being only number 7 last year, Goldman Sachs now has the top spot as it was hired for $54.1b worth of acquisitions this year.

Japan’s megabanks receives $43bn credit offer for M&A abroad

The offer is part of a government program releasing $100bn of forex reserves to JBIC to spur purchases overseas.

Citigroup faces another major whammy in Japan

Will the group's investment trusts cause its third major punishment in Japan in 7 years?

DBS expects Bank of Japan's looming monetary easing in Q4

The bank did not further expand the the asset purchase program or lending program at the latest monetary policy meeting.

Bladex picks Mizuho and Chang Hwa to arrange $165mn syndicated refinance

Mizuho has also arranged a number of other cross-border syndicated loans for its clients in the Americas last year.

Japanese megabanks suffer from biggest swap declines after downgrade

Moody’s reduction to the country’s debt grade was the first in nine years.

Company starts Japan-Nepal money transfer business

Japan Money Express has formally started its operation to provide reliable service to the Nepalese people working in Japan through its 400 agents in Nepal.

Japan's big 3 set to expand overseas

The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.