Japan
Mizuho reports disruption in corporate online banking services
Mizuho reports disruption in corporate online banking services
																					
							This comes almost a year after Mizuho suffered system failure in early 2021.
						
					
					
				Profits of Japan's megabanks to rise in next 12-18 months
																					
							All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
						
					
					
				Japan’s rural banks embrace more risks in search of profits
																					
							Their greatest enemy is time as business opportunities need years to take fruit.
						
					
					
				Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal
																					
							It is exiting the retail banking business to refocus on corporate transactions.
						
					
					
				Japan’s new PM a positive for banks’ earnings outlook: Jefferies
																					
							Banks’ credit costs are expected to undershoot their guidance.
						
					
					
				Japan’s Mizuho suffers nationwide ATM glitch
																					
							This follows a series of technical problems since Friday.
						
					
					
				Mizuho, IFC inks MOU to establish carbon facility
																					
							It will facilitate the purchase and sale of voluntary carbon credits.
						
					
					
				Japan’s bank lending slowest in nine years: report
																					
							The slowdown reflects sluggish consumption as households hoard cash.
						
					
					
				Japanese corporates’ loan demand shrunk in April-June: survey
																					
							Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.
						
					
					
				Goldman Sachs Japan gearing up for move to new Tokyo HQ: report
																					
							This is in line with CEO David Solomin’s commitment to return to the office.
						
					
					
				Chart of the Week: Japan’s credit card payments to grow 9.2% in 2021
																					
							Easing of restrictions, government support, and the Olympics will support growth.
						
					
					
				Alternative Benchmarks for the New Normal
																					
							 Latest Trends in LIBOR Transitions in Japan
						
					
					
				Olympics, improving economy to push Japan card payments up by 9.5%
																					
							Card payments in Japan are expected to reach $1.1t by 2024.
						
					
					
				MUFG grants $50m loan to California’s largest hydrogen fuel station business
																					
							FEF operates more than half of the US state’s hydrogen stations.
						
					
					
				Japanese banks' risk controls under test following Archegos fallout
																					
							After Nomura and MUFG, other banks are likely to announce losses related to the US investment firm.
						
					
					
				Japanese bank’s risk controls under test following Archegos fallout
																					
							After Nomura and MUFG, other banks are likely to announce losses related to the US investment firm.
						
					
					
				Sumitomo Mitsui Banking Corp, JICA launch sustainable finance framework
																					
							The framework will apply to overseas co-finance loans.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                