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The Japanese banking sector is performing badly compared with most other sectors of the economy. While many other large companies have recently been recording increased earnings, the major banks are still registering falling profits. For instance, Sakura Bank Ltd, one...
The Tankan survey published by the Bank of Japan in early October 2000 suggests that the Japanese economy is moving…
The three banks which created the new “superbank” Mizuho in September have reported mixed half-year earnings. Dai-Ichi Kangyo Bank, Fuji…
At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…
#bank#IBM#insurance
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
#bank#economy#interest rates
Hiromu Nonaka, the Secretary General of Japan’s ruling Liberal Democratic Party has made an announcement regarding future changes in the…