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…
Japan’s biggest bank MUFG doubles quarterly profit as credit costs drop

Japan’s biggest bank MUFG doubles quarterly profit as credit costs drop

People queue inside a branch of the Mitsubishi UFJ (MUFJ) Financial Group’s bank of Tokyo-Mitsubishi UFJ in Tokyo, Japan, February 1, 2016. REUTERS/Yuya Shino/File Photo Q1 net profit at 383.1 bln yen vs 183.5 bln year earlier Credit costs at 5.1 bln yen vs 145 bln yen year earlier Keeps full-year net profit forecast at 850 bln yen TOKYO, Aug…
US banks and regional Japanese investors propel post-crisis CLO record year

US banks and regional Japanese investors propel post-crisis CLO record year

by Paola Aurisicchio August 12, 2021 09:17 PM The CLO investor base is growing more diverse after last year’s market volatility, including drawing in smaller Japanese names Unlock this article. The content you are trying to view is exclusive to our subscribers. To unlock this article: Take a Free Trial or Login Paola Aurisicchio Last updated on August 13, 2021…
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 Banking Sector Making Gradual Progress in Fight Against Climate Change

Japan’s Banking Sector Making Gradual Progress in Fight Against Climate Change

By Alexander Jones, International Banker Following in the footsteps of other major central banks escalating their efforts to combat climate change, the Bank (Finance & Banking Trends) of Japan (BoJ) unveiled a new strategy in mid-July to expand funding for activities engaged in this ongoing fight. The scheme aims to support those Japanese financial institutions that extend funding to energy-transition…
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…
Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran’s Foreign Minister Mohammad Javad Zarif and Japanese Foreign Minister Toshimitsu Motegi ​bump elbows during a meeting in Tehran, Iran August 22, 2021. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS DUBAI, Aug 22 (Reuters) – Iran’s President Ebrahim Raisi called on Japan to release Iranian funds frozen in the country because of U.S. sanctions, Iranian state TV reported after…
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…
Japan’s biggest bank MUFG doubles quarterly profit as credit costs drop

Japan’s biggest bank MUFG doubles quarterly profit as credit costs drop

People queue inside a branch of the Mitsubishi UFJ (MUFJ) Financial Group’s bank of Tokyo-Mitsubishi UFJ in Tokyo, Japan, February 1, 2016. REUTERS/Yuya Shino/File Photo Q1 net profit at 383.1 bln yen vs 183.5 bln year earlier Credit costs at 5.1 bln yen vs 145 bln yen year earlier Keeps full-year net profit forecast at 850 bln yen TOKYO, Aug…