Japan

Japan bank lending on 19th month of decline

Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.

Japan bank lending on 19th month of decline

Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.

Looming resignation of PM Kan stirs anxiety over Japanese banks

This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.

Japanese banks profits to remain flat through 2012

But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.

Shinsei Bank to Open Urawa Consulting Spot

Shinsei Bank will open a new “Shinsei Consulting Spot” in Urawa, Saitama-shi, Saitama Prefecture.

Aozora Bank quadruples group net profit

Aozora Bank achieved an annual consolidated business profit of 37bn yen, up 10.5% or 3.5bn yen year-on-year.

Japanese banks checked for stability against system malfunctions

The Bank of Japan will inspect whether commercial banks have sufficient risk-management systems and respond appropriately amid computer-system malfunctions.

CQG and Dot Commodity agreed service broker contract

Dot Commodity's clients can also utilize CQG’s suite of server-side tools, CQG Spreader and the Market Aggregation expression, for execution and management of latency-critical trading strategies across key global and domestic exchanges.

Japan quake hurts Japanese heavy equipment

Japan quake, tsunami, and nuclear crisis has negative implications on heavy-equipment manufacturers.

System malfunction keeps Mizuho from processing transactions

A computer system malfunction brought Mizuho Bank's number of unprocessed transaction at 910,000.

Nomura appoints Junko Nakagawa CFO and director

The lender also named Jasjit Bhattai as deputy president coinciding the delegation of its first female CFO.

Mizuho plans tapping BlackRock for acquiring Asian investment managers

The move will give way for the bank to invest Japanese pension money fast growing Asian economies.

Lacklustre performance continues to hound Japanese major investment banks

Japanese lenders’ woes to continue until end of March 2011 as its fragile market sentiment and economic conditions persist.

Moody's downgrades Shinsei Bank's financial strength

Moody's downgraded Shinsei Bank Limited's bank financial strength rating to D- from D+.

Mizuho plans stake acquisition in Asian banks

Lender willing to invest $1.2bln in M&A as it joins rivals in shifting resources abroad.

Sumitomo Mitsui mulls investing $5bln in US bank

The lender is scouting potential buy among 20 US banks to acquire 30% of banking profit from overseas clients.

BOJ to redirect money to industries with growth potential

As a long-term approach to beating deflation, the Bank of Japan is expected to announce details of a new loan scheme amidst Europe debt woes.

BNY Mellon appoints Dominick Falco President Japanese unit

Falco’s 20-year experience in securities expected to capture opportunity in Japan through Japanese Trust Bank.