Japan

Japan's second biggest bank received $90b in offers from European banks.

This is part of HSBC's strategy to cut $3.5b annual costs.

But to which company will HSBC be selling it to?

Their employees allegedly asked bankers to change rates they submit for setting Tibor to gain an advantage.

Citibank Japan  head Darren Buckley may step down as soon as regulators prepare to punish the bank for the third time since 2004.

The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy.

Nank of China opened its its sixth branch in Japan in Kobe.

The Japanese bank's gain from conversion of shares in Morgan Stanley drove the profit target increase.

The net profits of Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. from April to September came in better than initial estimates.

With more than $6 billion in spare cash, why not?

Accumulated amount of all overseas investments by Japan's mega banking groups is about 2% of Tier 1 capital - but Fitch believes this growth is negligible in the near term.

The sovereign debt crisis in the Euro zone sure got Japanese banks worried.

Nomura has plans to triple cost cuts to $1.2 billion after incurring its first quarterly loss.

Japanese banks lent  0.3 percent less in September compared from a year earlier, reports Reuters.

After being only number 7 last year, Goldman Sachs now has the top spot as it was hired for $54.1b worth of acquisitions this year.

The offer is part of a government program releasing $100bn of forex reserves to JBIC to spur purchases overseas.