Japan
Norinchukin names new CEO, establishes new senior director roles
Norinchukin names new CEO, establishes new senior director roles
Its research and asset management leaders are nominated as Director and Senior Managing Officers.
Japan Post Bank’s net income up 17% to $2.05b in Q3 FY2025/3
Net income per share is JPY85.26.
Mizuho Bank, GenZero ink MOU for transition credit-use
They aim to develop capital raising mechanisms that use the credits.
Sumitomo Mitsui unveil Grantee Introduction Services
Customers will be connected to entities and institutions that support education.
Norinchukin Bank enhances CET-1, Tier 2 capital
The move comes with “strong support” from its member cooperatives, the Japanese bank said.
Mizuho’s profits tripled in 9M FY2024
Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.
Sumitomo Mitsui Financial Group’s profits up 43.3% in 9M FY2024
Earnings per share (diluted) is JPY289.92.
Aozora Bank's Q3 profit soars 90.2% to ¥90.2b
Thanks to the improvement in net interest income.
AEON Bank told to improve measures against money laundering and terrorism financing
Japan's FSA suspected the bank of having left 14,369 transactions unaccounted for.
MUFG Bank reprimanded for securities-related lapses
MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
It closed the tender offer on 20 January 2025.
Japan’s SMBC launches new finance scheme for semiconductor industry
SMBC will structure loans based on valuations made by two firms.
MUFG execs take pay cut after safe deposit box incident
The bank is also strengthening its safe deposit box checks and procedures.
Japan’s Resona group banks, Fujitsu launch home-buying web service
It enables users to record observations in property viewings.
Japanese banks’ total assets at $9.15t in Nov 2024
Banks hold $1.52t in assets overseas.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
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