Sumitomo Mitsui CEO Ohta, Who Pushed Asia Expansion, Dies at 65
Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his
2023-11-27 08:56
Japan’s Largest Banks to Buy Back Shares After Profit Soars
Japan’s biggest banks unveiled plans to boost shareholder returns after posting bumper profits, thanks in part to a
2023-11-14 17:29
Mizuho Raises Profit Forecast on Solid Results, Cheaper Yen
Mizuho Financial Group Inc. raised its full-year profit forecast, buoyed by solid performance of both client-facing and market
2023-11-13 15:17
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 08:47
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
SMBC Nikko Securities Inc.’s head of capital markets APAC ex-Japan and four of the firm’s other bankers have
2023-11-02 15:47
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:19
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
2023-08-04 13:46
Adani’s Go-To Bankers at Barclays Turn Cautious After Hindenburg
For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging
2023-07-18 07:24
Jefferies Taps SMBC Banker Josh Maio for Consumer Dealmaking
Jefferies Financial Group Inc. hired Josh Maio from SMBC Nikko Securities America Inc., adding to its consumer banking
2023-07-06 06:29
UAE Lenders Fill Financing Void Left by Global Banks in Turkey
United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders
2023-06-15 17:20
AT1 Market Gets Its First Euro Deals Since Credit Suisse Wipeout
The market for the riskiest type of bank debt is reopening, with Banco Bilbao Vizcaya Argentaria SA and
2023-06-13 16:30
BOJ’s Ueda Likely to Hold With Bond Market on His Side For Now
A less-distorted bond market, continued weakness in wages and the threat of an early election are among the
2023-06-12 08:15