More Rate Cuts Possible from Bank of Japan (JPN)

An adviser to Japanese Prime Minister Shinzo Abe’s says his nation’s economy needs another round of monetary and fiscal stimulus. That has investors anticipating even more Keynesian backflips to spur growth in the embattled economy. Etsuro Honda, one ... ( read original story ...)

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Why Japanese banks are chill about fintech

Head of the fintech centre at the Bank of Japan, Naoyuki Iwashita, said that Japanese institutions fear this happening in their country. After the law that prohibited fintech startups from owning more than 5% of a technology company was abolished ... ( read original story ...)

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Bank of America profit rises on bond trading, cost cuts

That came as clients scrambled to reposition after Britain’s surprise June vote to leave the European Union and changing expectations for monetary policy in the United States, Europe and Japan. Trading drives up profit at Bank of America (Reuters ... ( read original story ...)

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Why Can’t All Japanese Banks Be Like Suruga?

If only all Japanese banks could be like this one, the Bank of Japan would have less to worry about. As Japan’s largest banks languish under negative interest rates, with deteriorating profitability and wilting loan demand, a clear winner has emerged ... ( read original story ...)

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