Moody’s Investors Service says Japan’s biggest banks need to cut bond holdings and boost loans to protect their balance sheets from potential losses should Prime Minister Shinzo Abe’s stimulus spur yield surges.
Emirates NBD Asset Management Ltd., owned by the United Arab Emirates’ second-biggest bank, said it tied up with Jupiter Asset Management to advise on four global funds as assets under management surge.
Mizuho Financial Group Inc. may cut pay and add new board members to mollify investors, lawmakers and regulators after failing to end loans to crime groups in the biggest scandal of President Yasuhiro Sato’s two-year tenure.
Two of President Barack Obama’s top pollution-control measures face courtroom tests tomorrow as coal-dependent utilities, miners and some states challenge what they call overreach by the Environmental Protection Agency.
Mizuho Financial Group Inc.’s fruitless search for profit growth in Japan is pushing the lender on an acquisition hunt through Southeast Asia that may lead to Thailand’s TMB Bank Pcl or PT Bank Pan Indonesia.
InsideClimateNews.org -- Power plant operators are shuttering aging coal facilities at record rates—a trend presidential candidate Mitt Romney and his supporters pin squarely on EPA air pollution rules.
A probe of JPMorgan Chase & Co.’s hiring practices in China has uncovered red flags across Asia, including an internal spreadsheet that linked appointments to specific deals pursued by the bank, people with knowledge of the matter said.