Japan

They might introduce new business models and solve overcapacity, says a former central bank deputy governor.

This is expanding into leveraged loans and collateralised loan obligations (CLOs).

Any gains overseas will not be able to equal the size of domestic assets.

This will provide a buffer to declining asset quality of banks in the region.

It plans to create a joint outlet that will offer mutual funds, insurance products, and loans.

Total card payments value will hit over $750b by 2022, according to analysts.

It is renamed Digital Wallet Philippines.

The banks' capital and liquidity positions will be evaluated.

A crisis or similar shock would lead to downturns more impactful than the GFC.

Majority of the loans are financing coal projects in India, Indonesia and Vietnam.

The Emerging Mobile Investment Service Launched in Japan LINE Corporation launches the LINE Securities, a mobile investment service, August 20, 2019. Based on the joint venture agreement to form a business partnership to pursue financial businesses focused on the securities business, LINE Financial Corporation ("LINE Financial") and Nomura Holdings Inc. ("Nomura") established LINE Securities Preparatory Corporation on June 1, 2018.

Total headcount fell to 223,778 by end-March.

Digital innovation initiatives are gathering speed at financial institutions around the world. This was made further evident by the Celent Model Bank awards announced in April 2019. The awards recognized 22 projects from 30 countries, and all were initiatives that feature digital elements and innovation.

The average wage of 102 listed banks and insurers dropped 1.4% since 2016.

Bank of Yokohama and Chiba Bank’s agreement include retail banking, database marketing and M&As.

The first section of this two-part commentary was published here.