Record Number of Companies Relying on Regional Banks in Japan as Megabanks Cut Back

Record Number of Companies Relying on Regional Banks in Japan as Megabanks Cut Back

Smaller regional banks have a growing presence as the main banks for Japanese companies, while larger banks have a declining share. A Teikoku Databank survey has revealed that, when it comes to the main banks for Japanese companies, city banks have a declining share of the market and smaller regional banks a growing presence. In Japan, there are five banks…
Payments infra startup M2P Fintech valued at over $600 million in $56 million funding – TechCrunch

Payments infra startup M2P Fintech valued at over $600 million in $56 million funding – TechCrunch

M2P Fintech, a payments infrastructure startup that has established market dominance in India, has raised $56 million in a new financing round, less than three months after closing its previous funding, as it works to deepen its footprints in several international geographies. Insight Partners, the New York-based private equity and venture capital firm, led the Chennai-headquartered startup’s Series C financing…
BIS -Zombies On The Brink: Evidence From Japan On The Reversal Of Monetary Policy Effectiveness

BIS -Zombies On The Brink: Evidence From Japan On The Reversal Of Monetary Policy Effectiveness

BIS Working Papers  |  No 987  |   11 January 2022 Summary Focus For more than a decade, many central banks have engaged in unconventional monetary policy. How do these actions affect economic activity, including through firms’ investment decisions? Contribution This paper offers a corporate finance perspective on the effects and limitations of unconventional monetary policy. The analysis uses detailed data…
Asia-Pacific markets mostly lower as Japan’s Nikkei 225 dips 0.3% – CNBC

Asia-Pacific markets mostly lower as Japan’s Nikkei 225 dips 0.3% – CNBC

Asia-Pacific markets mostly lower as Japan’s Nikkei 225 dips 0.3%  CNBC Japan’s markets set to trade lower; Australian shares fall nearly 0.3%  MSN Money Asian session seen amid Japanese holiday and dearth of major weekend news  FXStreet Asian shares slip as rising U.S. yields hit tech firms  Reuters Asian shares mostly fall as tech stocks slump on Wall Street  Associated…
Japan regional banks launch system to monitor ship-to-ship transfers

Japan regional banks launch system to monitor ship-to-ship transfers

At least 12 regional banks in Japan have introduced a system to monitor ship-to-ship transfers of cash and gold earned through illicit means as part of their efforts to combat money laundering, bank officials said Wednesday. The introduction of the system of IHS Markit, an information-providing firm headquartered in London, comes as an intergovernmental body tasked with combating money laundering…
Record Number of Companies Relying on Regional Banks in Japan as Megabanks Cut Back

Record Number of Companies Relying on Regional Banks in Japan as Megabanks Cut Back

Smaller regional banks have a growing presence as the main banks for Japanese companies, while larger banks have a declining share. A Teikoku Databank survey has revealed that, when it comes to the main banks for Japanese companies, city banks have a declining share of the market and smaller regional banks a growing presence. In Japan, there are five banks…