Sumitomo Mitsui confirmed that 1,139 shareholder voting forms were not counted even though they were delivered in time.
September 25, 2020Companies from nine key fintech verticals are invited to submit applications by 31 August, for a chance to showcase their solutions to corporates and investors at Hong Kong Fintech Week.
August 11, 2020The project will explore the use of electronic money and digital currency to make banks and cashless payments services interoperable, and could evolve into the introduction of the 'digital yen'.
June 4, 2020The estimates reflect a move to a forward-looking methodology for analysing loan books, an accounting change recommended by the FSA in December.
May 18, 2020Eight additional entities are proposed to be included on the list of Financial Services Providers under the OTC derivatives clearing regime.
March 27, 2020Higher capital requirements could accelerate the unwinding of cross-shareholdings, a Japanese practice of owning shares in business partners.
January 27, 2020The bank is disputing the penalty, saying its Caymans subsidiaries were created for as a special vehicle for fundraising, and not to conceal profits or evade taxes.
November 28, 2019The BOJ and FSA will jointly coordinate stress tests on Japan’s three G-SIBs and four D-SIBs to assess how capital and liquidity could be affected if stocks fell and the yen spiked.
October 23, 2019While smaller banks are exiting the foreign exchange business entirely, larger banks are raising counter service fees for overseas remittances.
October 17, 2019Indigenous virtual banks, global digital-only banks, and digitised traditional banks are all vying for market share, says a new report from S&P Global Ratings.
July 18, 2019