Japan

Japan’s SMFG names new deputy presidents and executive officers

Kanamaru and Koike were both senior managing corporate executive officers.

Japan’s SMFG names new deputy presidents and executive officers

Kanamaru and Koike were both senior managing corporate executive officers.

Japan’s Daishi Hokuetsu Bank faces weak profits, high interest rate risks: Moody’s

Its problem loan ratio deteriorated to 2.23% in a three-year period.

Japan to break free from negative rate policy after wage hike: analyst

The negative rate environment is likely to end in April 2024.

Japan banks’ domestic assets at $9.4t in January

Banks hold an additional US$1.6t of assets in their overseas branches.

JCB offers 10% cashback to Skyliner ticket

Members with a JCB card issued outside of Japan can avail of the cashback.

Norinchukin Bank announces senior leadership changes

The leadership changes are effective 1 April 2024.

Mizuho appoints Hidekatsu Take as deputy president

He joins group CEO Masahiro Kihara as representative executive officer of MFG.

Mizuho seeks to remain amongst top 10 global investment banks: report

Investment banking head Naoki Takahashi wants to challenge bulge-bracket banks.

Mizuho designates US intermediate holding company

It is required under the US Federal Reserve Board’s Regulation YY.

Mizuho Bank acquires all shares in pension subsidiary

DPCS operates a call center and online services offering defined contribution pension plans.

Mizuho Financial Group’s total capital ratio is 15.97 as of end-Dec 2023

Both Mizuho Bank and Mizuho Trust & Banking reported higher total capital ratios.

Maybank Singapore merchant terminals now accept JCB cards

JCB cards have over 156 million cardmembers worldwide.

Mizuho invests $145m into Credit Saison India

CS India has 1.2 million active loans and assets under management of $1.2b.

Norinchukin Bank agrees to invest in food and agri startup fund

The bank will also support growth of food and agri startup companies.

Mizuho Financial Group plans to inject $5.7m to trust banking arm

This is so that MTBC can acquire over 600,000 shares of Mizuho.

Mizuho names new president and CEO for trust banking arm

Kenichi Sasada was head of the asset management division and real estate unit.