Japan
MUFG Bank invests in sustainable aviation fuel company
LanzaJet is reportedly planning to build SAF manufacturing plants in Japan.
MUFG Bank invests in sustainable aviation fuel company
LanzaJet is reportedly planning to build SAF manufacturing plants in Japan.
Nomura Holdings amends securities and financial reports
The amendments correct classification errors in its cash flow statements.
Mizuho appoints Yuta Hayashi as new group executive officer
Hayashi is also now the managing executive officer of Mizuho Bank.
Basel III to improve Japanese major financial groups’ profits
However, risk-weighted assets for the four FIs are expected to rise.
Mizuho reports 60% emissions cut, allocates $195b for sustainable finance
The bank now employs 1,650 sustainability management experts.
Mizuho and Lombard Odier ink sustainability alliance agreement
Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.
MUFG issues apology after authorities recommend administrative action
Its two companies were accused of inappropriately sharing data between them.
Japan’s SMBC and Asuene to offer decarbonisation management solutions
SMBC and Asuene floated plans to expand globally.
Citi Commercial Bank targets mid-sized corporates in Japan
This follows CCB’s expansion in France and Ireland in 2023.
SMBC’s US digital lender Jenius Bank hits $1b in savings deposits
It will roll out a mobile app in the coming months.
Japanese banks’ total assets total $9.12b in March
Deposits in domestic branches were at $6.32t as of end March 2024.
Nomura doubles top managers’ pay for FY2024: report
CEO Kentaro Okuda is amongst those who enjoyed higher compensation.
StashAway’s Hong Kong assets expand by 20% in Q1
Majority of their assets are from HNW and emerging HNW clients.
Norinchukin Bank’s profits up 24% to $405.7m for FY2023
Net gains from sales of securities jumped over 800% over the period.
Japan’s Norinchukin Bank proposes changes to board
One auditor, Masaki Ogata, is retiring on 21 June.
Japan’s Chugoku Bank maintains strong liquidity despite weak loans
Higher interest rates will help improve profitability, Moody’s said.
Japan’s SMBC bookmarks $64m for social value activities
The group has also established an investment fund.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
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