Tag: banking

Osaka, Japan, has a massive population today ... The city is not only home to Tenochtitlan, the ancient Aztec capital, but it is also a Latin American financial hub. China is home to four of the most populated cities in the world, and Beijing comes ... ( read original story ...)

The head of a government-backed Japanese bank said Wednesday he would quit in response to an internal probe that found wide-ranging misconduct involving some $2.2 billion in shady loans. The report alleged that hundreds of employees at almost all of Shoko ... ( read original story ...)

Global markets were mixed Wednesday while Japan's benchmark snapped a record winning streak with its first loss in 17 straight trading sessions. Investors are eyeing upcoming corporate earnings reports and U.S. politics for clues about the next Federal ... ( read original story ...)

DUBAI (Reuters) - Saudi Aramco’s chief executive said on Tuesday that domestic and international exchanges such as New York, London, Tokyo, and Hong Kong have been looked at for a partial listing of the state oil giant. “All detailed information is ... ( read original story ...)

and there are no talks with Chinese investors about taking a strategic stake in the Aramco IPO, Nasser said. London and New York exchanges are vying for a role in Aramco’s offering, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the ... ( read original story ...)

It will also be the first initial public offer (IPO) from the Reliance Group after Reliance Power ... investors have already applied for anchor allocation portion from the US, Japan, Singapore and India. These include sovereign wealth funds, mutual fund ... ( read original story ...)

Japanese stocks’ record rally is so powerful that one of their most prominent buyers is sitting on the sidelines. The Bank of Japan, which props up the equity market by investing in exchange-traded funds, has dramatically reduced its buying in October. ( read original story ...)

Tokyo — Japanese banks lag behind their global counterparts in boosting profitability as they compete for dwindling lending opportunities in a shrinking market, the country’s central bank said on Monday. Prolonged ultra-loose monetary policy has ... ( read original story ...)

TOKYO -- Japan has too many banks in urban centers and rural areas, forcing them to eke out far skimpier profits than their Western peers, the Bank of Japan writes in a paper published Monday. Japanese banks also take in less fee and commission income than ... ( read original story ...)

Nikkei 225 rose for 15th day on Monday, longest run ever Central bank dramatically reduced ETF buying in October Japanese stocks’ record rally is so powerful that one of their most prominent buyers is sitting on the sidelines. The Bank of Japan ... ( read original story ...)

Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank have introduced robots that are able to understand and express emotions when conducting customer service duties. Nao, a robotic teller from SoftBank Robotics used by Bank of Tokyo, is capable of carrying out ... ( read original story ...)

Here's are key points you must know before considering the issue: Issue size The issue of Reliance Nippon Asset Management, a joint venture between Reliance Capital and Japan's Nippon Life ... Rs 247-252 price band. The IPO size would be around 10 per ... ( read original story ...)

TOKYO -- Global trading was muted Monday, but Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth. KEEPING SCORE: France's CAC 40 was virtually ... ( read original story ...)

TOKYO — Shares were mixed Monday in Asia, while Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 ... ( read original story ...)

Shares in Japan rose to their highest level in more than two decades on 23 October after Prime Minister Shinzo Abe won a fresh mandate in snap elections held over the weekend. Tokyo's benchmark Nikkei 225 share average closed 1.1% higher at 21,696.65 ... ( read original story ...)

“The low profitability of Japanese financial institutions is striking from an international perspective,” the Bank of Japan said in its twice-yearly financial system report. The number of employees and branches “may be in excess relative to demand ... ( read original story ...)