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Taiwan: Typhoon Danas Batters Southern Region, Leaving Widespread Damage 3

Typhoon Danas made landfall near Chiayi's Budai Township around 11:40 p.m. on Sunday, July 6, bringing gusty winds and heavy rainfall to the southern region. Typhoon Danas weakened to a tropical storm after its eye departed Taiwan early Monday.

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U.S.-NEW YORK-FIRST REPUBLIC BANK-FDIC-JPMORGAN CHASE

(230501) -- NEW YORK, May 1, 2023 (Xinhua) -- Photo taken on May 1, 2023 shows a sign at the JPMorgan Chase & Co. headquarters in New York, the United States. U.S. top banking group JPMorgan Chase announced on Monday it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-FIRST REPUBLIC BANK-FDIC-JPMORGAN CHASE

(230501) -- NEW YORK, May 1, 2023 (Xinhua) -- People enter the JPMorgan Chase & Co. headquarters in New York, the United States, on May 1, 2023. U.S. top banking group JPMorgan Chase announced on Monday it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). (Photo by Michael Nagle/Xinhua)

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Hearing To Examine Stopping The Flow Of Fentanyl - Washington

Christopher J. Urben, Managing Director, and Assistant Special Agent In Charge (Retired), Special Operations Division, Nardello & Co, and U.S. Drug Enforcement Administration, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine stopping the flow of fentanyl, focusing on public awareness and legislative solutions, in the Dirksen Senate Office Building in Washington, DC, Thursday, January 11, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Hearing To Examine Stopping The Flow Of Fentanyl - Washington

Christopher J. Urben, Managing Director, and Assistant Special Agent In Charge (Retired), Special Operations Division, Nardello & Co, and U.S. Drug Enforcement Administration, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine stopping the flow of fentanyl, focusing on public awareness and legislative solutions, in the Dirksen Senate Office Building in Washington, DC, Thursday, January 11, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Hearing To Examine Stopping The Flow Of Fentanyl - Washington

Christopher J. Urben, Managing Director, and Assistant Special Agent In Charge (Retired), Special Operations Division, Nardello & Co, and U.S. Drug Enforcement Administration, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine stopping the flow of fentanyl, focusing on public awareness and legislative solutions, in the Dirksen Senate Office Building in Washington, DC, Thursday, January 11, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Hearing To Examine Stopping The Flow Of Fentanyl - Washington

Christopher J. Urben, Managing Director, and Assistant Special Agent In Charge (Retired), Special Operations Division, Nardello & Co, and U.S. Drug Enforcement Administration, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine stopping the flow of fentanyl, focusing on public awareness and legislative solutions, in the Dirksen Senate Office Building in Washington, DC, Thursday, January 11, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Hearing To Examine Stopping The Flow Of Fentanyl - Washington

Christopher J. Urben, Managing Director, and Assistant Special Agent In Charge (Retired), Special Operations Division, Nardello & Co, and U.S. Drug Enforcement Administration, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine stopping the flow of fentanyl, focusing on public awareness and legislative solutions, in the Dirksen Senate Office Building in Washington, DC, Thursday, January 11, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Cambodia's central bank, UnionPay International launch cross-border QR code payment

STORY: Cambodia's central bank, UnionPay International launch cross-border QR code payment SHOOTING TIME: Dec. 22, 2023 DATELINE: Dec. 23, 2023 LENGTH: 00:02:45 LOCATION: Phnom Penh CATEGORY: ECONOMY SHOTLIST: 1. various of National Bank of Cambodia (NBC) and Chinese financial services provider UnionPay International STORYLINE: The National Bank of Cambodia (NBC) and Chinese financial services provider UnionPay International on Friday launched cross-border QR code payment. NBC's Governor Chea Serey said the introduction of cross-border QR code payments between the NBC's Bakong, a mobile payment and banking system, and UnionPay International will elevate the level of financial cooperation between both institutions, providing benefits to users in Cambodia and China, and globally. "From today onwards, visiting UnionPay cardholders will be able to use their UnionPay-enabled wallets, such as the UnionPay app and commercial bank apps that are enabled for UnionPay QR Code payment, to scan KHQR codes to co

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Banking, Housing, And Urban Affairs Hearing - Washington

Charles W. Scharf, CEO And President, Wells Fargo & Company; Brian Thomas Moynihan, Chairman And CEO, Bank of America; Jamie Dimon, JPMorgan Chase & Co.; Jane Fraser, CEO, Citigroup; Ronald O’Hanley, State Street; Robin Vince, BNY Mellon; David Solomon, Goldman Sachs; James P. Gorman, Morgan Stanley raise their hands to a series of yes or no questions from Senators at a Senate Banking, Housing, and Urban Affairs hearing in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Charles W. Scharf, CEO And President, Wells Fargo & Company; Brian Thomas Moynihan, Chairman And CEO, Bank of America; Jamie Dimon, JPMorgan Chase & Co.; Jane Fraser, CEO, Citigroup; Ronald O’Hanley, State Street; Robin Vince, BNY Mellon; David Solomon, Goldman Sachs; James P. Gorman, Morgan Stanley are sworn in at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. takes a photo of press “for his kids” at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. and Mr. Brian Thomas Moynihan, Chairman And CEO, Bank of America at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co. at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banks Failures Hearing - Washington

Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 16, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Banks Failures Hearing - Washington

Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 16, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Banks Failures Hearing - Washington

Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 16, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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U.S.-NEW YORK-FIRST REPUBLIC BANK-FDIC-JPMORGAN CHASE

(230501) -- NEW YORK, May 1, 2023 (Xinhua) -- Photo taken on May 1, 2023 shows a sign at the JPMorgan Chase & Co. headquarters in New York, the United States. U.S. top banking group JPMorgan Chase announced on Monday it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-FIRST REPUBLIC BANK-FDIC-JPMORGAN CHASE

(230501) -- NEW YORK, May 1, 2023 (Xinhua) -- People enter the JPMorgan Chase & Co. headquarters in New York, the United States, on May 1, 2023. U.S. top banking group JPMorgan Chase announced on Monday it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). (Photo by Michael Nagle/Xinhua)

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Tsunekage to chair board of Mitsui-Sumitomo holding company

TOKYO, Japan - This file photo shows Sumitomo Trust & Banking Co. President Hitoshi Tsunekage, who will chair the board of the new Mitsui-Sumitomo Trust holding company in April 2011.

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3 Japan Post group firms to go public as early as Oct.: pres.

KANAZAWA, Japan, June 17 Kyodo - Taizo Nishimuro (L), president and CEO of Japan Post Holdings Co., speaks in a meeting of the Japan Post group's labor union in Kanazawa, Ishikawa Prefecture, on June 17, 2015. He said that Japan Post and its banking and insurance arms will be listed on the Tokyo Stock Exchange in October or November.

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Japan Post to list shares along with banking, insurance arms

TOKYO, Japan - Taizo Nishimuro, president of Japan Post Holdings Co., attends a press conference in Tokyo on Dec. 26, 2014. The company said it will list its shares sometime after the middle of the next fiscal year starting in April, together with those of its banking and insurance arms, in one of the biggest stock listings in the country.

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Hyogo Pref., megabank allied for industrial promotion

KOBE, Japan - Sumitomo Mitsui Banking Co. President Takeshi Kunibe (L) and Hyogo Governor Toshizo Ido display their agreement on a bilateral partnership designed to promote the local business community, including tourism, at the Hyogo prefectural government office in Kobe, western Japan, on July 23, 2014.

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Arrest over bribery allegations

TOKYO, Japan - Police investigators head to the office of the Mitsui & Co. group's pension fund in Tokyo on Dec. 5, 2013. Police the same day arrested a former executive of the Mitsui group and an employee of Deutsche Bank AG's investment banking arm in Tokyo over an alleged bribery case.

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Mizuho Bank to consider merging with trust bank

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato tells a press conference in Tokyo on July 1, 2013, that his bank may consider merging with Mizuho Trust & Banking Co. in April 2016 or later, once their computer systems are integrated.

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Sumitomo Trust-Chuo Mitsui merger good chance to show presence

TOKYO, Japan - Chuo Mitsui Trust Holdings Inc. President Kazuo Tanabe speaks during a recent interview with Kyodo News on the merger of his bank and Sumitomo Trust & Banking Co. A giant trust banking group is to be created through the management integration of the two trust banks in April 2011.

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Sumitomo Trust, Chuo Mitsui to merge into Japan's top trust bank

TOKYO, Japan - Sumitomo Trust & Banking Co. President Hitoshi Tsunekage (L) and Chuo Mitsui Trust Holdings Inc. President Kazuo Tanabe shake hands at a press conference in a Tokyo hotel on Nov. 6, 2009, during which they announced a management integration plan for April 2011 that will create Japan's largest trust bank.

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Mizuho Trust names Mizuho Bank exec Nonaka as new chief

TOKYO, Japan - Takashi Nonaka, a senior Mizuho Bank executive, speaks during a news conference in Tokyo on March 3 after Mizuho Trust & Banking Co. made it official that Nonaka will become the trust bank's president after being endorsed by shareholders at their meeting scheduled for late June.

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SMBC Deputy President Nakano to become Kansai business group head

OSAKA, Japan - Sumitomo Mitsui Banking Corp. Deputy President Kenjiro Nakano (in file photo) is expected to become one of the two co-chairmen of the Kansai Association of Corporate Executives in 2008, sources said on Dec. 8. Nakano, 60, will replace Atsushi Kojima, 72, chairman of Ganko Food Service Co., while the group's other co-chairman, Norihiko Saito, 61, executive vice president of Kansai Electric Power Co., will remain in office, the sources said

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Sumitomo Trust's Director Tsunekage to replace ailing president

TOKYO, Japan - Hitoshi Tsunekakage (R), managing executive officer of Sumitomo Trust & Banking Co., speaks at a news conference at the Bank of Japan's headquarters in Tokyo on Nov. 26 after being nominated as successor to President Yutaka Morita, who is stepping down for health reasons. Chairman Atsushi Takahashi (L) will stay on in his current post.

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Mitsubishi UFJ, Merrill Lynch starts private banking unit

TOKYO, Japan - Robert McCann (L), vice chairman of Merrill Lynch & Co., and Nobuo Kuroyanagi, president of Mitsubishi UFJ Financial Group Inc., shake hands during a ceremony in Tokyo on May 1 to mark the beginning of operations at Mitsubishi UFJ Merrill Lynch PB Securities Co., an equally owned private banking venture between Mitsubishi UFJ group and Merrill Lynch Japan Securities Co.

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Aeon decides to tap into banking business as early as 2007

TOKYO, Japan - Motoya Okada (R), president of major supermarket chain Aeon Co., and Yoshiki Mori, president of Aeon Credit Service Co., give a joint press conference in Tokyo on March 10 on their companies' decision to tap into the banking business as early as the spring of 2007. They said the companies plan to build on their 1,500 stores and 13.7 million Aeon credit card holders in Japan.

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Sumitomo Trust, SBI Holdings to create Net bank

TOKYO, Japan - Sumitomo Trust & Banking Co. President Yutaka Morita (L) and Yoshitaka Kitao, leader of SBI Holdings Inc., a venture capital firm of the Softbank Corp. group, shake hands at a Tokyo hotel on Oct. 25 after announcing their agreement to create an Internet bank.

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Sumitomo Trust to promote Morita to president

TOKYO, Japan - Sumitomo Trust & Banking Co. Vice President Yutaka Morita (R) speaks at a press conference in Tokyo on May 11 after being named to replace President Atsushi Takahashi (L), who will become chairman.

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Resona group to drastically review unprofitable operations

TOKYO, Japan - Eiji Hosoya, vice president of East Japan Railway Co. who has been appointed chairman of Resona Holdings Inc., speaks in an interview with Kyodo News on June 20. He said the troubled banking group will shut down unprofitable operations in a bid to cut its expense ratio.

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Ex-banker to head 1 of 4 public road entities in Japan

TOKYO, Japan - Tamiyoshi Horikiri (file photo), former vice chairman of Sumitomo Trust & Banking Co., has been named president of the Honshu-Shikoku Bridge Authority, one of the nation's four major road-related public entities to be privatized in fiscal 2005, government sources said June 11.

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Resona Holdings picks JR East's Hosoya for chairman's post

TOKYO, Japan - Resona Holdings Inc. will appoint Eiji Hosoya (file photo), a vice president of East Japan Railway Co. (JR East), as its chairman to replace Takashi Kaiho, who vacated the post earlier this month following the banking group's decision to seek an injection of public funds, company sources said May 30.

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Mitsubishi Securities launched as 4th biggest brokerage

TOKYO, Japan - Akio Utsumi (L), president of Mitsubishi Trust and Banking Corp., Nobuo Nakazawa (2nd from L), president of Mitsubishi Securities Co., Masamichi Yamada, chairman of Mitsubishi Securities Co. (2nd from R) and Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi cut a tape at a ceremony to launch Mitsubishi Securities in Tokyo's Marunouchi district on Sept. 2.

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4 Sumitomo Mitsui firms to enhance insurance alliance

TOKYO, Japan - Sumitomo Mitsui Banking Corp. and three insurers with ties to the Sumitomo Mitsui group said Nov. 22, 2001 they will bolster ties to enhance their ability to develop innovative insurance policies and boost marketing cooperation amid the harsh business environment. Seated at a Tokyo news conference are (From L to R) Mitsui Mutual Life Insurance Co. President Hiroshi Nishimura, Sumitomo Life Insurance Co. President Shinichi Yokoyama, Mitsui Sumitomo Insurance Co. Chairman Takeo Iguchi and Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa.

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(4)Terrorist attack

NARITA, Japan - Relatives and colleagues of the employees at Chuo Mitsui Trust & Banking Co. who went missing in the Sept. 11 terrorist attacks on the World Trade Center in New York prepare to leave Narita airport, east of Tokyo, for the U.S. city on Sept. 15.