Japan
Sumitomo Mitsui Financial Group’s profits up 43.3% in 9M FY2024
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.
Japanese banks seek M&As overseas
MUFG has spent a billion dollars buying a stake in fintechs.
SMBC teams up with Euphoria Co. for human capital management services
SMBC will provide digital systems for the visualisation and analysis of the impact of human capital on companies.
JCB expands payment options for UK travel application
This ensures a seamless application process for its 158 million cardholders globally.
Major Japanese banks’ profits up 40.29% in H1 FY2024
Their NPL ratio was lower than in March, but still higher than in September 2023.
Japanese regional banks' gross profits rises to $150.3m in September
Net interest income also grew to $137.75m.
Mizuho lists Saudi Arabia ETF on Tokyo Stock Exchange
The ETF invests in the Saudi Arabian equity market.
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