Japan

Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s

Diversifying its bond portfolio will improve profits but exposes it to more risk.

Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s

Diversifying its bond portfolio will improve profits but exposes it to more risk.

MUFG halfway to its 2030 sustainable finance target

The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.

Mitsubishi UFJ postpones AT1 bond issuance after Credit Suisse wipeout: report

It plans to issue by late April or mid-May instead, according to a spokesperson.

Low risk of bank runs in Asia: analyst

Japanese banks are the most vulnerable and face flat NIM growth.

Japan bank lending up 3.3% in February

Average outstanding amount totalled JPY598.9t for the month.

Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down

And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.

Nomura Holdings’ net income up 11% to $508m in Q3

Net revenue was up 24% compared to the year ago. 

Citi named sole arranger of CABEI’s 10-year JPY7b and 10-year US$130m ESG bonds

The bonds will be issued to Japanese and Taiwanese investors, respectively.

Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

It expands their earlier business cooperation MOU signed in August 2019.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

Nomura eyes $1b potential revenue boost from equities, wealth: report

CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.

Sumitomo Mitsui securities unit suspended from block trading for 3 months

SMBC Nikko employees were suspected of conducting illegal stabilization transactions.

Why Sustainable Finance Matters More than Ever

Despite global headwinds, innovative and sustainable investment options are key to building a more resilient future. 

Japan’s fintech funding on track to extend four year decline streak in 2022

The $300m in funding secured in H1 was less than half of 2021’s full-year investment value.

Earnings remain key weakness of Japanese banks: Fitch

Impact of rising interest rates in the US will be mixed, the ratings agency said.