Japan
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 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.
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.