Japanese Banks: End of March Blues
Last week was an extraordinarily volatile period for Japanese bank stocks, with the sector rising around 14% after a protracted period of negative...
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Global Banks – Razor Thin Capital
It is not the time to have limited capital. There are bound to be mishaps with derivatives, securities, not just loans. While total provisions can...
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Japanese Banks: A Backward Glance
As we await the imminent release of 3Q FY3/2020 results for the banks for the 9 months to end-December 2019, we look back at the banks’ recent...
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Michinoku Bank (8350 JP): A Distant Sound of Shoes Dropping
Having twice had to issue profit warnings within just three months in FY3/2019 because of mounting losses on a synthetic hedge, Michinoku Bank...
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First Bank of Toyama (7184 JP): Never Say Never (Again)
Next in line to confess their sins after Michinoku Bank (8350 JP) (see our Insight Michinoku Bank (8350 JP): Clipped by a Synthetic Hedge ) and...
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