thejapantimes, to business
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Japan's biggest banks all forecast record profits for the year started in April, after the country’s central bank ended its policy of negative interest rates. https://www.japantimes.co.jp/business/2024/05/15/companies/japan-megabanks-forecast-record-profits/

thejapantimes, to business
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A coalition of climate groups filed shareholder proposals with Japan's top three banks, calling for stricter board oversight of climate-related risks. https://www.japantimes.co.jp/business/2024/04/15/companies/climate-investors-target-japanese-megabanks/

thejapantimes, to business
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Sumitomo Mitsui Financial Group’s CEO has said he is considering an expansion of the bank’s alliance with Jefferies Financial Group into Asia as he plays catch-up with Japanese rivals who moved more rapidly to build out their investment banking overseas. https://www.japantimes.co.jp/business/2024/02/27/companies/sumitomo-mitsui-financial-group-asia-expansion/

thejapantimes, to business
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Sumitomo Mitsui Financial Group said it has appointed Deputy President and Executive Officer Toru Nakashima as its group CEO following the death of its previous head, Jun Ohta, last week. https://www.japantimes.co.jp/business/2023/11/30/companies/smfg-names-new-ceo/?utm_content=buffer5e956&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

thejapantimes, to business
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Sumitomo Mitsui Financial Group’s CEO Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan’s second-largest bank, has died. He was 65. https://www.japantimes.co.jp/business/2023/11/27/companies/smfg-ceo-ohta-obituary/?utm_content=buffer0cf29&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

thejapantimes, to business
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Japan’s biggest banks unveiled plans to boost shareholder returns after posting record first-half profits, thanks in part to a cheaper yen. https://www.japantimes.co.jp/business/2023/11/14/japan-banks-profit-soars/?utm_content=buffer6304f&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

thejapantimes, to business
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Major Japanese banks are beginning to raise interest rates on time deposits, reflecting a rise in long-term government bond yields following monetary policy tweaks by the Bank of Japan. https://www.japantimes.co.jp/business/2023/11/03/companies/japan-banks-raise-rates/?utm_content=buffer81768&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

thejapantimes, to business
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Two of Japan’s largest lenders posted profits that beat analysts’ forecasts in their fiscal first quarter, marking a solid start to the year that is projected to deliver bumper results. https://www.japantimes.co.jp/business/2023/07/31/banks-beat-estimates/?utm_content=buffer429b2&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

thejapantimes, to news
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Japan's financial regulator has sounded out top domestic banks about China risks and whether they have plans in place if Sino-Western tensions escalate. https://www.japantimes.co.jp/news/2023/06/19/business/financial-agency-megabanks-china-warning/?utm_content=buffercc6dc&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

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