Japan

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

Nomura eyes $1b potential revenue boost from equities, wealth: report

CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.

Sumitomo Mitsui securities unit suspended from block trading for 3 months

SMBC Nikko employees were suspected of conducting illegal stabilization transactions.

Why Sustainable Finance Matters More than Ever

Despite global headwinds, innovative and sustainable investment options are key to building a more resilient future. 

Japan’s fintech funding on track to extend four year decline streak in 2022

The $300m in funding secured in H1 was less than half of 2021’s full-year investment value.

Earnings remain key weakness of Japanese banks: Fitch

Impact of rising interest rates in the US will be mixed, the ratings agency said.

Mizuho Bank charged $6.75b negative interest rate by BOJ

This is the first time in 7 months that a megabank was charged.

MUFG Bank launches branch in India’s GIFT City

The bank now has six branches throughout India.

Japan bank lending up 1.8% to record $4.36t in July: report

Companies are borrowing money due to the rising costs of raw materials, an official said.

Sumitomo Mitsui Financial Group posts strong Q1 profits

Profit growth was thanks to loan growth and fee income growth.

Japan fintech investments fall to five-year low in Q1

There were only eight investment transactions during the quarter.

The Invoice Data Exchange Accelerates SME Banking Innovation

Innovation opportunities for payment digitalization in Japan.

Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak

The bank has the strongest capitalization amongst regional banks in Japan.

MUFG Bank joins think tank for CO2 and storage capture tech

CCS is expected to play a role in reducing CO2 emissions in the world.

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January.