Trading in Japanese government bonds is drying up. Does that matter?

Trading in Japanese government bonds is drying up. Does that matter?

NOBODY BOUGHT Japan’s ten-year government bond in over-the-counter trading on August 3rd. Such a lull in the world’s second-largest market for sovereign bonds would once have been remarkable. But in fact this was not even the first time activity dried up. Once-frenetic trading desks in Tokyo have fallen silent over the past half-decade. Listen to this story Your browser does…
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…
Coinbase Names Mitsubishi UFJ as Banking Partner in Japan – CoinDesk

Coinbase Names Mitsubishi UFJ as Banking Partner in Japan – CoinDesk

U.S. cryptocurrency exchange Coinbase is forming a partnership with one of Japan’s largest banks to launch Coinbase Japan as part of a larger effort to expand worldwide. Mitsubishi UFJ Financial Group (MUFG), a bank with more than 40 million Japanese customers, will provide “MUFG Quick Deposit” for Coinbase’s local users, according to a blog post on Wednesday, The move into…
Asian banks ramp up regional expansion drives

Asian banks ramp up regional expansion drives

Banks in developed Asian economies are increasingly looking to acquire stakes and broaden their franchises in emerging economies around the region, as they contend with saturated local markets, low interest rates and constrained domestic growth prospects. Leading banks in Japan, South Korea and Singapore have stepped up their offshore expansion strategies over the past few years, according to the report…
Japanese technology giant Glory backs shared banking hubs startup OneBanks

Japanese technology giant Glory backs shared banking hubs startup OneBanks

Japanese technology group Glory is to become a cornerstone investor in OneBanks, a UK startup which has developed a low cost pop up kiosk which could replace bank branches in towns and communities where conventional bank branches have all but disappeared. With banks progressively moving away from the High Street, the idea of creating shared banking hubs to maintain localised…
These 13 banks have invested the most in crypto and blockchain to date

These 13 banks have invested the most in crypto and blockchain to date

Photo illustration by Edward Smith/Getty Images Blockdata compiled a list of the 13 banks that have invested the most in cryptocurrency and blockchain companies to date. Coinbase, Ripple, and NYDIG have landed financial backing from big banks. 55% of the world’s top 100 banks are investing in the crypto and blockchain space. See more stories on Insider’s business page. Financial…
Japanese shares end higher for fourth day on earnings, rising U.S. yields

Japanese shares end higher for fourth day on earnings, rising U.S. yields

By Reuters Staff 3 Min Read TOKYO, Aug 11 (Reuters) – Japanese shares closed higher for a fourth straight session on Wednesday, helped by strong earnings from Bridgestone and other firms, while banking stocks received support from rising U.S. bond yields. The Nikkei share average climbed 0.65% to 28,070.51, its first close above 28,000 since July 16, though it could…
The financial firms customers admire most

The financial firms customers admire most

Why do consumers choose to bank with one institution over another? That’s the question American Banker set out to answer when it teamed with the creative experience agency Monigle to survey consumers about what drives customer satisfaction and advocacy in banking. Leveraging Monigle’s proprietary social sciences model and framework on Humanizing the Customer Experience, we found that even as demand…