Japan
SMFG logs record profit of $10.02b in FY3/2026
SMFG logs record profit of $10.02b in FY3/2026
The Japanese megabank aims for a $10.7b net profit for FY3/2027.
11 hours ago
SMFG launches shareholder benefit program ahead of 2-for-1 stock split
They will be granted up to JPY30,000 worth of rewards points, amongst other perks.
11 hours ago
Japan's megabanks eye record earnings as BOJ rate hikes boost margins
Their earnings may further rise over the next two years.
18 hours ago
Japan fintech market to hit $33b with 13% CAGR
Artificial intelligence blockchain and machine learning are driving sector expansion.
19 hours ago
Japanese banks build hidden risk in offshore credit push
Currently, direct exposure to US private credit appears limited at Japan’s major institutions, Fitch said.
Japan Post Bank flags $27.07b securities losses for FY2026
It does not expect the losses to have any impact on its earnings or annual dividend.
Mizuho, Nomura and partners launch blockchain trial for bond collateral
The project will test whether the transfer of rights and updates to book-entry transfer records can be executed using blockchain.
Crédit Agricole shifts 350 staff into new Japan office
The group has opened a workplace on the 50th floor of Azabudai Hills Mori JP Tower.
SMFG completes acquisition of US-based Air Lease Corporation
Sumitomo Corporation now holds 47.51% of voting rights.
MUFG breaks ground on new HQ with 2030 target completion
It will have a total floor area of about 169,000 square meters.
SMFG targets 15% ROTE with new medium-term plan and vision
It named IT transformation a major management priority.
SMBC sells MANUBANK’s commercial banking unit to US’ Bank of Hope
Jenius Bank is not part of the transaction.
Mizuho Bank completes merger with research & tech unit
Research and consulting functions are now under the Mizuho Research Institute brand.
MUFG to build models for film and animation loans
MUFG will design models for valuation and completion guarantees needed to secure loans.
Mizuho teams up with asset managers to expand investment products
They will develop and distribute new products as well as personal exchanges.
Japan corporate banking hits $34b by 2032 amidst strain
The market climbed to $8.9b in 2024 whilst legacy tech remains a hurdle.
Japanese banks avoid $550b US investment hook for now
The JBIC would likely do the initial heavy lifting.
Thought Leadership Centre
Most Read
1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. HSBC and HSBC Life sign Humansa MOU for HNW health planning 4. OCBC Q1 profit rises 5% to $1.97b on fee gains 5. Citi targets APAC insurance investments with new senior hiresResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance