Tag - banks

 
 

BANKS

Mitsubishi UFJ is enhancing its services partly by leveraging expertise from technology giants.
BUSINESS / Companies
May 7, 2026
MUFG to form strategic partnership with Google
The two firms will develop a service to assist customers in online shopping and payments with the help of artificial intelligence.
Albert Park speaks during an interview in Samarkand, Uzbekistan, on Monday.
BUSINESS / Economy
May 5, 2026
ADB urges countries to limit fuel subsidies to vulnerable groups
Japan has capped gasoline prices at around ¥170 per liter through subsidies after they surged to about ¥190 after the start of the Iran war.
An oil refinery under construction on the outskirts of Lagos, Nigeria. Africa already has the capital needed for development, but without better institutions, investment platforms and regulations, most domestic savings remain trapped in government debt.
COMMENTARY / World
May 4, 2026
Putting Africa’s savings to work for its people
The task now is to build the architecture that channels Africa’s savings into productive investments.
A Chinese flag flutters in front of the Shanghai Gaoqiao Company Refinery in Shanghai.
BUSINESS
May 4, 2026
China’s rare defiance of U.S. sanctions sparks showdown over banks
The latest regulations direct companies in the country not to abide by U.S. sanctions on five domestic refiners linked to the Iranian oil trade.
Japan Bank for International Cooperation (JBIC) and megabanks plan to lend over $2.2 billion for initial U.S. investment projects, following Japan-U.S. tariff deals.
BUSINESS
May 3, 2026
JBIC and commercial banks to lend 2.2B dollars for U.S. investment
The total investment will reach $36 billion, with the planned loans to be the first tranche of investment in three U.S.-based projects.
The Federal Reserve said on Wednesday that it needed to hold rates steady because “developments in the Middle East are contributing to a high level of uncertainty about the economic outlook.”
BUSINESS / Economy
May 2, 2026
The world’s central banks are wrestling with a gigantic problem
Surging inflation, an economic slowdown, and uncertainty over how long the energy shock will last has forced central banks to adjust.
A Citibank branch in Tokyo. Citigroup is looking to expand its client-driven businesses in Japan, according to its local head.
BUSINESS / Companies
Apr 30, 2026
Citi’s Japan banking head seeks expansion despite talent crunch
The Wall Street bank is chasing double-digit revenue growth in client-driven businesses and wants to rank among the top three foreign banks across key operations in Japan.
Residential buildings in New Delhi. Mitsubishi UFJ Financial Group is seeking to deepen its presence in India’s real estate market, which has attracted global investors.
BUSINESS / Companies
Apr 29, 2026
MUFG to foray into real estate and expand forex derivatives in India
Japan’s biggest bank is seeking to deepen its presence in the world’s fastest-growing major economy.
The Bank of Japan headquarters in Tokyo. Expectations of a rate increase cooled over the past few weeks in part due to the absence of clear signals from BOJ officials.
BUSINESS / Economy
Apr 28, 2026
Three dissents at BOJ policy board meeting suggest hawkishness ahead
The war in Iran was a factor in keeping the policy rate at 0.75% at the April meeting.
Daiwa Securities Group will integrate its Daiwa Next Bank unit with Orix Bank, seeking a "virtuous cycle” of deposit and loan growth.
BUSINESS / Companies
Apr 28, 2026
Daiwa to buy Orix Bank for $2.3 billion in lending expansion
The merger will create an entity with about ¥9 trillion of total assets, which aims to expand deposits by more than ¥2 trillion over the next five years.
Japan Bank for International Cooperation's headquarters in Tokyo
BUSINESS
Apr 24, 2026
Japan’s three megabanks and JBIC to provide ¥250 billion in loans for U.S. projects
The entities are expected to invest additional funds in stages later on under a tariff deal between the two countries.
BOJ Gov. Kazuo Ueda, pictured here in March, said last week that the Iran war could fuel inflation while also potentially being a drag on growth.
BUSINESS / Markets
Apr 24, 2026
Bank of Japan set to hold rates steady, with Iran war a factor
Forecasts have changed significantly in recent weeks as conflict continues and the price of oil remains high.
A man works inside an agricultural supplies shop in Nashik district, India.
ASIA PACIFIC / Society / ANALYSIS
Apr 24, 2026
India’s digital currency push targets its leaky welfare system
If the program gains traction, the world’s most populous nation ​could in theory become its biggest issuer of a central bank digital currency.
Environmental advocacy group Market Forces is calling on investors at Japan's three megabanks — Mitsubishi UFJ, Mizuho and Sumitomo Mitsui — to vote against directors failing to recognize the risks posed by fossil fuels.
ENVIRONMENT
Apr 23, 2026
Climate investor calls for votes against directors at Japan’s megabanks and trading houses
Environmental advocacy group Market Forces is arguing that directors are failing to oversee material ​financial risks to the banks and trading houses’ businesses.
Masakazu Osawa, chief executive officer of MUFG Bank, at the company's headquarters in Tokyo on April 17
BUSINESS / Companies
Apr 22, 2026
MUFG Bank seeks more acquisitions after $4.3 billion India deal
Nonbank financial companies are potential targets, MUFG banking unit CEO Masakazu Osawa said, without ruling out further forays.
The headquarters of Commerzbank seen from an observation platform in the Main Tower skyscraper in Frankfurt, Germany, in November 2024. The German bank is being targeted in a hostile takeover battle that started almost two years ago, but whose genesis goes back much further.
BUSINESS / Companies
Apr 21, 2026
UniCredit pursues Commerzbank, eyeing Europe’s biggest banking takeover
If there had been a sense in March talks that both sides could find common ground, it evaporated quickly.
Ezaki Glico, maker of Pocky chocolate snacks, is one of the consumer stocks adopted in this year’s Gyoseki contest backed by BlackRock and Point72 Asset Management.
BUSINESS / Companies
Apr 20, 2026
Contest backed by Point72 and BlackRock seeks Japanese banking talent
Now in its fourth year, the competition has students obsessing over sales of toothpaste, diapers and chocolate to analyze product companies.
Anthropic's new AI model, Mythos, could supercharge complex cyberattacks, experts have warned.
BUSINESS / Tech / ANALYSIS
Apr 14, 2026
AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks
Claude Mythos ​Preview is capable ‌of identifying and exploiting previously undiscovered vulnerabilities in every major computer operating system and every major web browser.
Fukuoka Financial Group has hired 10 people in the past year and plans to recruit another 20 in the period ending March 2028, said Akira Kudo, the company’s head of market operations.
BUSINESS / Companies
Apr 14, 2026
Japan’s largest regional bank takes on big names in hiring spree
Fukuoka Financial Group wants to boost its front office staff to around 100 by March 2028 as it looks to expand its ¥5.8 trillion investment portfolio.
Georges Elhedery, CEO of HSBC Holdings, during an interview in Hong Kong on Tuesday
BUSINESS / Markets
Apr 14, 2026
HSBC CEO warns U.S.-Israeli war on Iran is damaging global confidence
The London-based lender is among the European banks most exposed to the Middle East, a region that accounts for roughly 4% of its pretax profit.

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