Japan
MUFG execs take pay cut after safe deposit box incident
MUFG execs take pay cut after safe deposit box incident
The bank is also strengthening its safe deposit box checks and procedures.
Japan’s Resona group banks, Fujitsu launch home-buying web service
It enables users to record observations in property viewings.
Japanese banks’ total assets at $9.15t in Nov 2024
Banks hold $1.52t in assets overseas.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
Japanese banks seek M&As overseas
MUFG has spent a billion dollars buying a stake in fintechs.
SMBC teams up with Euphoria Co. for human capital management services
SMBC will provide digital systems for the visualisation and analysis of the impact of human capital on companies.
JCB expands payment options for UK travel application
This ensures a seamless application process for its 158 million cardholders globally.
Major Japanese banks’ profits up 40.29% in H1 FY2024
Their NPL ratio was lower than in March, but still higher than in September 2023.
Japanese regional banks' gross profits rises to $150.3m in September
Net interest income also grew to $137.75m.
Mizuho lists Saudi Arabia ETF on Tokyo Stock Exchange
The ETF invests in the Saudi Arabian equity market.
ING names James Haines as Japan country manager
Haines was a general manager and deputy group head at Aozora Bank.
Japanese banks see loans and deposits rise in November
Foreign banks saw their total yen-denominated loans jump 25.2% YoY.
Mizuho Bank absorbs subsidiary to streamline operations
This aims to enhance the bank's call centres and online services.
MUFG Bank to acquire robo-advisor WealthNavi for $662m
The bank is offering 1,950 yen per share.
DBS inks MOU to assists Japan SMEs’ Asian expansion
DBS will provide financing and professional services support.
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
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