Taiga Uranaka

The warning for Norinchukin from Japan’s financial regulator was clear — its deep reliance on foreign bond holdings was a risky strategy and needed to change.

Japan’s financial regulator penalized Mitsubishi UFJ Financial Group Inc.’s flagship banking unit and two joint ventures for violating client confidentiality rules, Kyodo News reported.

The flagship bank and joint ventures allegedly inappropriately exchanged client information at least 26 times to win business, according to a market watchdog.

A growing number of Japan’s mid-cap companies are considering buyouts and other strategic options, according to Mizuho Financial Group Inc., which is seeking to increase lending and advisory services to the sector.

元日本国債ディーラーの久保田博幸氏は昨秋、「債券村」とも呼ばれる債券市場の関係者たちが集う屋形船の会を数年ぶりに再開した。海外の市場関係者から閉鎖的と捉えられてきたこの村の住人たちが、いま世界のヘッジファンドなどから熱い視線を浴びている。

The world’s top hedge funds are shaking up the closed community that was, for a time, a sleepy backwater of global finance.

Yamaguchi Financial Group Inc., a regional lender headquartered on the western tip of Japan’s biggest island, is considering paying new hires with securities market expertise around the same compensation as staff at the nation’s largest banks.

The great sell off of Japan’s cross-shareholdings has started and brokers are jockeying for a slice of the billions of dollars in fees at stake.

Mitsubishi UFJ Financial Group Inc. Chief Executive Officer Hironori Kamezawa, Chairman Kanetsugu Mike and other top executives will take pay cuts as Japan’s largest banking group seeks to restore client confidence after breaching information firewalls.

Blackstone Inc. is “doubling down” on opportunities in its international credit business, as it targets growth in a broader array of debt including local-currency investments, according the firm’s global credit head.