Online banking thefts hit Japan firms prompting compensation rethink
By Taiga Uranaka and Taro Fuse TOKYO (Reuters) - Hackers stole nearly $2 million from the online bank accounts of Japanese businesses in April, a surge in theft that has...
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Japan’s megabanks see profit drop after record year of ‘Abenomics’
TOKYO (Reuters) - Japan's three biggest banks beat market forecasts with record annual profits, fuelled by a stock market boom, but said earnings will fall this business year as the...
Another Japan nuclear operator turns to government for aid
TOKYO (Reuters) - Japan's Kyushu Electric Power Co has become the second nuclear generator to seek state support this week as reactors across the country remain idled and industry losses...
RBS in contact with Sumitomo over Citizens sale: sources
LONDON/TOKYO (Reuters) - Royal Bank of Scotland has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui Financial Group , while Mitsubishi UFJ Financial...
RBS in contact with Sumitomo over Citizens sale: sources
LONDON/TOKYO (Reuters) - Royal Bank of Scotland has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui Financial Group , while Mitsubishi UFJ Financial...
Japan’s regional banks are urged to merge
TOKYO (Reuters) - Japanese regulators are increasing the pressure on regional banks to consolidate, worried that shrinking populations outside the nation's major cities will leave lenders too weak to stand...
Japan’s regional banks are urged to merge
TOKYO (Reuters) - Japanese regulators are increasing the pressure on regional banks to consolidate, worried that shrinking populations outside the nation's major cities will leave lenders too weak to stand...
Japan’s Sumitomo Mitsui Trust steps up overseas lending
TOKYO (Reuters) - Japan's fifth-largest lender, Sumitomo Mitsui Trust Bank, is planning to increase its overseas loan balances, with at least 1 trillion to 2 trillion yen ($9.6 billion-$19.2 billion)...
Japan’s 7-Eleven kingpin looks to U.S. to inspire online revolution
TOKYO (Reuters) - The 81-year-old Japanese executive who built 7-Eleven into the world's biggest convenience store chain has a new mission: turning more than 50,000 bricks and mortar stores in...
Panel says no cover-up in Japan’s Mizuho mob loans scandal
TOKYO (Reuters) - Mizuho Financial Group did not intentionally cover-up loans to "yakuza" mobsters, an outside panel said on Monday, a verdict that increases the likelihood Japan's second-biggest bank by...