Search Results for: Bank of Tokyo
Toshiba: Japan trunk bank sues it for $120 million over accounting scandal
August 26th, 2016
Toshiba Corp (6502.T) said on Friday a Japanese trust bank was suing it for 12 billion yen ($119 million) for losses stemming from the company’s $1.3 billion accounting scandal last year. Japan Trustee Services Bank had filed the suit ...
The Giant of Tokyo’s Stock Market Reveals Its Investment Secrets
August 25th, 2016
Japan pension fund is top owner of MUFG, Honda, many more First unveiling of equity holdings spurs debate on strategy Companies across Japan have a new name in their top 10 shareholder lists: the world’s largest pension fund. The ...
Saxo Bank continues MENA region build-out with key management appointments
August 23rd, 2016
Saxo Bank, the online investment and trading specialist, announces today two senior appointments as it continues to grow and invest in its retail and institutional functions across the Middle East, reflecting the region’s importance as a growth hub for ...
Bank of Japan released review on FX margin trading in Japan
August 22nd, 2016
The Bank of Japan has issued a Review to make publish recent trends in Foreign Exchange (FX) margin trading in Japan. Below is a summary of the Review: Foreign exchange (FX) margin trading in Japan has an enormous impact ...
Brexit, banks fueling bitcoin’s resurgence
July 19th, 2016
The bitcoin renaissance seems to be at hand, with investors using the virtual currency to weather turbulent financial markets and banks striking partnerships to explore the system’s underlying technology. Until mid-May, 1 bitcoin fetched on the order of $400 ...
Integral Announces OCX RiskNet, a Mid-point Matching Engine for Banks, Retail Brokers and Investment Managers
June 21st, 2016
— Safe and anonymous customer-to-customer matching — Easily offset risk positions with natural, opposite interest at the Integral FX Benchmark midrate — Seamlessly integrated to Integral’s FX Yield Manager and InvestorFX — OCX now delivers the most comprehensive suite ...
$175 Million Penalty for Citibank
May 26th, 2016
CFTC Orders Citibank, N.A. and Japanese Affiliates to Pay $175 Million Penalty for Attempted Manipulation of Yen LIBOR and Euroyen TIBOR, and False Reporting of Euroyen TIBOR and U.S. Dollar LIBOR Citibank, N.A. Has Been Subject to Three CFTC ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
7 Asian Banks Investigating Bitcoin and Blockchain Tech
February 17th, 2016
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...
Bank of Japan launches negative rates, already dubbed a failure by markets
February 16th, 2016
The Bank of Japan‘s negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo’s lack of options to spur growth as global markets sputter. The central bank, ...
