Search｜Photos & Images & Videos｜KYODO NEWS IMAGES INC

Prince to take helm at Aozora Bank

TOKYO, Japan - Aozora Bank Deputy President Brian Prince (2nd from L), who has become acting president of the bank, speaks during a news conference in Tokyo on Feb. 10. Prince will assume the bank's top post after his appointment is approved at a general shareholders meeting in June, succeeding Federico Sacasa. Sacasa stepped down to take responsibility after the bank said it expects its group net loss for the year through March to expand to 196 billion yen due to its exposure to the global financial turmoil.

E

Shinsei Bank revises up profit estimate on headquarters sale

TOKYO, Japan - The head office building of Shinsei Bank in Tokyo's Chiyoda Ward. Shinsei revised its fiscal 2007 group net profit forecast upward to 65 billion yen on March 13 due to its 56 billion yen one-off gain from the sale of its Tokyo head office building to a Morgan Stanley associate.

E

UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005.

E

Ashikaga Bank incurs 679 bil. yen negative net worth

UTSUNOMIYA, Japan - Nationalized Ashikaga Bank President Norito Ikeda tells reporters in Utsunomiya, Tochigi Prefecture, on June 11 that the bank developed a negative net worth of 679.0 billion yen in fiscal 2003 due to a surge in loan-loss charges stemming mainly from stricter assessment of the performances of its corporate borrowers.

E

(1)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - The three top managers of the UFJ group will resign to take the blame for its failure to meet net profit goals, banking sources said May 19. Files photos show (from L to R) UFJ Holdings Inc. President Takeshi Sugihara, UFJ Bank President Masashi Teranishi and UFJ Trust Bank President Yasukuni Doi.

E

Japan Net Bank's online services remain suspended

TOKYO, Japan - Japan Net Bank President Shuichi Fujimori grimaces during a press conference in Tokyo on May 9 after the Internet-only bank's online deals remained suspended earlier in the day due to a computer glitch.

E

Asahi Bank forecasts full-year net loss of 530 bil. yen

TOKYO, Japan - Asahi Bank President Yukio Yanase tells reporters in Tokyo on Nov. 20 his bad loan-swamped bank has revised its group net income forecast for the whole of fiscal 2001 sharply downward to a loss of 530 billion yen, a dramatic reversal from its May forecast of a 36 billion yen profit.

E

eBank not to charge settlement of payments in online shopping

TOKYO, Japan - Taiichi Matsuo (L), chief executive officer of eBank, a new Internet bank to be launched July 23, speaks at a news conference in Tokyo on July 18. Matsuo said his bank will not charge for settling payments for online shopping, in order to win customers in the competition with rivals such as Japan Net Bank and Sony Bank.

E

Sony launches Japan's 2nd Internet-only bank

TOKYO, Japan - Tamotsu Iba (2nd from L), chairman of Sony Bank, Shigeru Ishii (3rd from L) its president, and two unidentified officials join hands at a ceremony in Tokyo's Ginza district June 11 to mark the start of Sony Corp.'s venture into the banking business. Sony Bank, owned 80% by electronic giant Sony, is Japan's second Internet-based bank, following Japan Net Bank set up last October.

E

MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.

E

Asahi Bank set for loss

TOKYO, Japan - Asahi Bank Managing Director Yukio Yanase speaks at a news conference in Tokyo on March 23. Yanase said his bank will take a big loss this fiscal year to clean up bad debt and regain market trust in the banking sector. He said the sum of bad-loan disposals will be 310 billion yen, forcing the bank to suffer a group net loss of 10 billion yen in a major turnaround from an earlier projected 30 billion yen net profit.

E

BOJ to launch real-time settlement system Jan. 4

TOKYO, Japan - Kenzo Yamamoto, a counsellor of the Bank of Japan's (BOJ) Financial and Payment System Office, announces at the central bank's head office in Tokyo on Jan. 2 that it will launch a computerized real-time settlement system for the debts banks owe each other on Jan. 4 as planned. The announcement followed final checkups of the Real-Time Gross Settlement (RTGS) system that will apply to the so-called BOJ net, the bank transaction system concerning bond deals and day-to-day banking operations.

E

Japan's first Web bank to launch

TOKYO, Japan - Representatives of Sakura Bank and other investors in Japan's first Web bank -- including Tokyo Electric Power Co., Fujitsu Ltd. and NTT DoCoMo Inc. -- join hands at a news conference at a Tokyo hotel Oct. 11, the eve of the start of the bank's operations. Japan Net Bank is set to become the first bank in Japan to enable computer users to pay for goods and services on the basis of their deposits at the bank, and to accept applications from individual customers for loans via the Web.

E

Asahi Bank forecasts full-year net loss of 530 bil. yen

TOKYO, Japan - Asahi Bank President Yukio Yanase tells reporters in Tokyo on Nov. 20 his bad loan-swamped bank has revised its group net income forecast for the whole of fiscal 2001 sharply downward to a loss of 530 billion yen, a dramatic reversal from its May forecast of a 36 billion yen profit.

E

UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005. (Kyodo)

E

Shinsei Bank revises up profit estimate on headquarters sale

TOKYO, Japan - The head office building of Shinsei Bank in Tokyo's Chiyoda Ward. Shinsei revised its fiscal 2007 group net profit forecast upward to 65 billion yen on March 13 due to its 56 billion yen one-off gain from the sale of its Tokyo head office building to a Morgan Stanley associate. (Kyodo)

E

Prince to take helm at Aozora Bank

TOKYO, Japan - Aozora Bank Deputy President Brian Prince (2nd from L), who has become acting president of the bank, speaks during a news conference in Tokyo on Feb. 10. Prince will assume the bank's top post after his appointment is approved at a general shareholders meeting in June, succeeding Federico Sacasa. Sacasa stepped down to take responsibility after the bank said it expects its group net loss for the year through March to expand to 196 billion yen due to its exposure to the global financial turmoil. (Kyodo)

E

Japan's first Web bank to launch

TOKYO, Japan - Representatives of Sakura Bank and other investors in Japan's first Web bank -- including Tokyo Electric Power Co., Fujitsu Ltd. and NTT DoCoMo Inc. -- join hands at a news conference at a Tokyo hotel Oct. 11, the eve of the start of the bank's operations. Japan Net Bank is set to become the first bank in Japan to enable computer users to pay for goods and services on the basis of their deposits at the bank, and to accept applications from individual customers for loans via the Web.

E

Ashikaga Bank incurs 679 bil. yen negative net worth

UTSUNOMIYA, Japan - Nationalized Ashikaga Bank President Norito Ikeda tells reporters in Utsunomiya, Tochigi Prefecture, on June 11 that the bank developed a negative net worth of 679.0 billion yen in fiscal 2003 due to a surge in loan-loss charges stemming mainly from stricter assessment of the performances of its corporate borrowers. (Kyodo)

E

(1)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - The three top managers of the UFJ group will resign to take the blame for its failure to meet net profit goals, banking sources said May 19. Files photos show (from L to R) UFJ Holdings Inc. President Takeshi Sugihara, UFJ Bank President Masashi Teranishi and UFJ Trust Bank President Yasukuni Doi. (Kyodo)

E

Japan Net Bank's online services remain suspended

TOKYO, Japan - Japan Net Bank President Shuichi Fujimori grimaces during a press conference in Tokyo on May 9 after the Internet-only bank's online deals remained suspended earlier in the day due to a computer glitch. (Kyodo)

E

Sony launches Japan's 2nd Internet-only bank

TOKYO, Japan - Tamotsu Iba (2nd from L), chairman of Sony Bank, Shigeru Ishii (3rd from L) its president, and two unidentified officials join hands at a ceremony in Tokyo's Ginza district June 11 to mark the start of Sony Corp.'s venture into the banking business. Sony Bank, owned 80% by electronic giant Sony, is Japan's second Internet-based bank, following Japan Net Bank set up last October.

E

MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.

E

Asahi Bank set for loss

TOKYO, Japan - Asahi Bank Managing Director Yukio Yanase speaks at a news conference in Tokyo on March 23. Yanase said his bank will take a big loss this fiscal year to clean up bad debt and regain market trust in the banking sector. He said the sum of bad-loan disposals will be 310 billion yen, forcing the bank to suffer a group net loss of 10 billion yen in a major turnaround from an earlier projected 30 billion yen net profit.

E

BOJ to launch real-time settlement system Jan. 4

TOKYO, Japan - Kenzo Yamamoto, a counsellor of the Bank of Japan's (BOJ) Financial and Payment System Office, announces at the central bank's head office in Tokyo on Jan. 2 that it will launch a computerized real-time settlement system for the debts banks owe each other on Jan. 4 as planned. The announcement followed final checkups of the Real-Time Gross Settlement (RTGS) system that will apply to the so-called BOJ net, the bank transaction system concerning bond deals and day-to-day banking operations.

E

FRC gives green light to Japan Net Bank+

TOKYO, Sept. 7 Kyodo - Akishige Okada (R), president of Sakura Bank, shakes hands with Hideyuki Aizawa, chairman of the government's Financial Reconstruction Commission (FRC), after FRC approved a Sakura Bank-led consortium to form Japan Net Bank, the nation's first entity to provide Internet banking services.

Top 6 banks post FY 2009 net profits totaling 1.13 tril. yen

Prince to take helm at Aozora Bank

Shinsei Bank revises up profit estimate on headquarters sale

UFJ Holdings to incur 780 bil. yen interim net loss

Ashikaga Bank incurs 679 bil. yen negative net worth

(1)3 UFJ execs to resign for failure to reach profit targets

Japan Net Bank's online services remain suspended

Asahi Bank forecasts full-year net loss of 530 bil. yen

eBank not to charge settlement of payments in online shopping

Sony launches Japan's 2nd Internet-only bank

MTFG revises downward its group net balance projection

Asahi Bank set for loss

BOJ to launch real-time settlement system Jan. 4

Japan's first Web bank to launch

Asahi Bank forecasts full-year net loss of 530 bil. yen

UFJ Holdings to incur 780 bil. yen interim net loss

Shinsei Bank revises up profit estimate on headquarters sale

Prince to take helm at Aozora Bank

Japan's first Web bank to launch

Top 6 banks post FY 2009 net profits totaling 1.13 tril. yen

Ashikaga Bank incurs 679 bil. yen negative net worth

(1)3 UFJ execs to resign for failure to reach profit targets

Japan Net Bank's online services remain suspended

Sony launches Japan's 2nd Internet-only bank

MTFG revises downward its group net balance projection

Asahi Bank set for loss

BOJ to launch real-time settlement system Jan. 4

FRC gives green light to Japan Net Bank+