Japan
Lacklustre performance continues to hound Japanese major investment banks
Japanese lenders’ woes to continue until end of March 2011 as its fragile market sentiment and economic conditions persist.
Lacklustre performance continues to hound Japanese major investment banks
Japanese lenders’ woes to continue until end of March 2011 as its fragile market sentiment and economic conditions persist.
Moody's downgrades Shinsei Bank's financial strength
Moody's downgraded Shinsei Bank Limited's bank financial strength rating to D- from D+.
Mizuho plans stake acquisition in Asian banks
Lender willing to invest $1.2bln in M&A as it joins rivals in shifting resources abroad.
Sumitomo Mitsui mulls investing $5bln in US bank
The lender is scouting potential buy among 20 US banks to acquire 30% of banking profit from overseas clients.
BOJ to redirect money to industries with growth potential
As a long-term approach to beating deflation, the Bank of Japan is expected to announce details of a new loan scheme amidst Europe debt woes.
BNY Mellon appoints Dominick Falco President Japanese unit
Falco’s 20-year experience in securities expected to capture opportunity in Japan through Japanese Trust Bank.
Societe Generale unit and Japaninvest join forces
Alliance expected to offer coverage representing 25% of global market capitalisation.
Fitch sees another dull year for Japanese banks
Agency expects no immediate change in ratings as lenders' profitability expected to remain weak in FY2011.
Moody’s: Hurdles remain for Japanese banks
Japanese banks have overcome the stress scenario in 2008 but still has low operating profits relative to balance sheets.
Fitch: Japanese investment banks return to profit
Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders.
ANZ expands wealth management services in Japan
ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to Japan’s major metropolitan centres.
Fitch: Japan's mega banks' profit growth uncertain
Lenders had anemic recovery despite large common stock issuance that boosted their core capitalisation.
Citibank Japan to open 'smart banking' branches
Lender debuts world’s first branches with cutting-edge technology to reengineer banking process in innovative Japanese market.
Shinsei plunges after news on Aozora merger collapse
Misery loves company, with Shinsei Bank continuing its slump as it fell to its lowest in two months in Tokyo trading after news went around on the supposed collapse of merger talks with equally beleaguered Aozora Bank.
Sumitomo Mitsui's Q3 net grows by $1.39bln
The bank raked in the highest profit in seven quarters and topped combined profits of Japan's megabanks.
Japanese bank lending plunges to all-time low since 2005
Japanese bank lending slumped to its lowest since 2005, with some firms deferring capital investments while others turned to bond markets in a bid to raise funds.
Sumitomo Mitsui Financial eyes sale of $8.7bln shares
Source says selling of shares is aimed to comply with more stringent capital requirement and for expansion.