SBI’s Shinsei bid lifts Japan financial shares on consolidation hopes

SBI’s Shinsei bid lifts Japan financial shares on consolidation hopes

By Hideyuki Sano 3 Min Read TOKYO (Reuters) – Japanese financial group SBI Holdings’s unsolicited bid for Shinsei Bank (Finance & Banking Trends) sparked a rally in Japanese financial shares on Friday on hopes it could accelerate further consolidation among struggling Japanese banks. FILE PHOTO: A woman walks past a logo of the Shinsei Bank (Finance & Banking Trends) at…
Japanese regional bank earnings may lose momentum as government support ends

Japanese regional bank earnings may lose momentum as government support ends

Japan‘s regional banks may not be able to sustain the spurt in their income seen in the April-to-June quarter as they need to step up provisioning for potential bad loans after a government support program ended. Japan‘s regional banks, such as The Bank (Finance & Banking Trends) of Kyoto Ltd. and Concordia Financial Group Ltd., are often the primary lenders…
Japan’s Mizuho suffers another glitch hitting branches nationwide

Japan’s Mizuho suffers another glitch hitting branches nationwide

Mizuho Bank (Finance & Banking Trends)‘s signboard is pictured in Tokyo, Japan, Jan. 25, 2017. REUTERS/Kim Kyung-Hoon Glitch affected branches of banking, trust bank units Latest tech trouble at Japan‘s No.3 lender Bank (Finance & Banking Trends) touted tech investments before series of outages TOKYO, Aug 20 (Reuters) – Mizuho Financial Group’s (8411.T) main banking unit suffered a system glitch…
Japanese regional bank earnings may lose momentum as government support ends

Japanese regional bank earnings may lose momentum as government support ends

Japan‘s regional banks may not be able to sustain the spurt in their income seen in the April-to-June quarter as they need to step up provisioning for potential bad loans after a government support program ended. Japan‘s regional banks, such as The Bank (Finance & Banking Trends) of Kyoto Ltd. and Concordia Financial Group Ltd., are often the primary lenders…
FACTBOX-Key economic policy stances of Japan’s next PM candidates

FACTBOX-Key economic policy stances of Japan’s next PM candidates

By Reuters Staff 4 Min Read (Updates factbox that ran on Sept 7 with latest Kishida quotes) TOKYO, Sept 8 (Reuters) – Japanese Prime Minister Yoshihide Suga, his support ratings in tatters ahead of a general election, said last week he would step down, setting the stage for his replacement as premier and heightening uncertainty on the outlook for economic…
Japanese regional bank earnings may lose momentum as government support ends

Japanese regional bank earnings may lose momentum as government support ends

Japan‘s regional banks may not be able to sustain the spurt in their income seen in the April-to-June quarter as they need to step up provisioning for potential bad loans after a government support program ended. Japan‘s regional banks, such as The Bank (Finance & Banking Trends) of Kyoto Ltd. and Concordia Financial Group Ltd., are often the primary lenders…