Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals

Show Business and Finance Publications

Tue, December 10, 2024

[ Tue, Dec 10th 2024 ]: Telangana Today

Hyderabad: CoEBF hosts banking and finance summit 2024 at ICFAI Business School

[ Tue, Dec 10th 2024 ]: WISH-TV

Secretary of state spending includes millions in no-bid contracts

[ Tue, Dec 10th 2024 ]: businessday

What to know as Dangote Sugar shops for N50bn from CPs issuance

[ Tue, Dec 10th 2024 ]: 24/7 Wall St

My bank contacted me to tell me about an old credit card that has $70k on it and here's what I did

[ Tue, Dec 10th 2024 ]: inc42

Zepto HR Head Martin Dinesh Gomez Resigns

[ Tue, Dec 10th 2024 ]: Kiplinger

How to Guard Against Identity Theft in 2025

[ Tue, Dec 10th 2024 ]: The Boston Globe

Sales of Barbara Lynch's last two restaurants are 'in limbo' amid tax lawsuit

[ Tue, Dec 10th 2024 ]: businesstech.co.za

Power your farm's future: Access grants, finance and expert guidance for solar power

[ Tue, Dec 10th 2024 ]: The New York Times

How Crypto Insiders Turned 'Debanking' Into a Political Storm

[ Tue, Dec 10th 2024 ]: Finance & Commerce

Statutory Ban on Non-Solicitation Provisions Between Service-Providers and Customers

[ Tue, Dec 10th 2024 ]: Construction Week Online

WHEF Annual Conference 2024: Fostering innovation and growth in Mumbai

[ Tue, Dec 10th 2024 ]: abp LIVE

Future Of Sustainable Finance: How Green Bonds Can Evolve In India

[ Tue, Dec 10th 2024 ]: Business Insider

How to Pick The Best American Express Card

[ Tue, Dec 10th 2024 ]: AOL

Oracle (ORCL) Q2 2025 Earnings Call Transcript

[ Tue, Dec 10th 2024 ]: The Peninsula

'Qatar's giant strides in global Islamic finance worthy of applause'

[ Tue, Dec 10th 2024 ]: Business Standard

Mannapuram Finance, Muthoot Finance gain up to 3% in trade; here's why

[ Tue, Dec 10th 2024 ]: The Hans India

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

[ Tue, Dec 10th 2024 ]: The Daily Star

Long-term tax exemption beneficiaries still seeking additional benefits: finance adviser

[ Tue, Dec 10th 2024 ]: McKnight's Senior Living

People in the news, Dec. 10

[ Tue, Dec 10th 2024 ]: Yahoo Finance

Yext Inc (YEXT) Q3 2025 Earnings Call Highlights: Revenue Growth and Strategic Opportunities ...

[ Tue, Dec 10th 2024 ]: moneycontrol.com

Power Finance Consolidated September 2024 Net Sales at Rs 25,721.79 crore, up 14.88% Y-o-Y

[ Tue, Dec 10th 2024 ]: Reuters

UAE to impose 15% minimum top-up tax on large multinationals from January

[ Tue, Dec 10th 2024 ]: Forbes

Will Interest Rates Go Down In 2025?

[ Tue, Dec 10th 2024 ]: MSN

Treasury Department may fine small businesses $10,000 or more if they don't file this new report

Mon, December 9, 2024

[ Mon, Dec 09th 2024 ]: Business Today

Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks

[ Mon, Dec 09th 2024 ]: Oneindia

Libra Horoscope For Today, December 10, Tuesday - .. Relationships Can Lead to Beautiful Partnerships!

[ Mon, Dec 09th 2024 ]: Business Daily Africa

SHA, Finance Bill top Google's most popular searches in 2024

[ Mon, Dec 09th 2024 ]: Think Advisor

4 Options for Passing Down Your Firm

[ Mon, Dec 09th 2024 ]: KOLR10 & Ozarks Local News

Missouri companies sue to stop a law that raises minimum wage and requires paid sick leave

[ Mon, Dec 09th 2024 ]: TheStreet.com

Younger workers increasingly want crypto paychecks, study finds

[ Mon, Dec 09th 2024 ]: Forbes

With Rates Dropping, The SBA Is Relaxing Its Refinancing Rules For Small Business

[ Mon, Dec 09th 2024 ]: bnnbloomberg

Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals

[ Mon, Dec 09th 2024 ]: The New Zealand Herald

Superannuation and the great tax debate - Catherine Beard

[ Mon, Dec 09th 2024 ]: USA Today

Tariffs may be an inflation worry but so are credit card processing fees, some say

[ Mon, Dec 09th 2024 ]: Couriermail

2024 Christmas shopping hours: Find out what's open over Christmas and New Year's

[ Mon, Dec 09th 2024 ]: 24/7 Wall St

6 Carl Icahn Quotes Every 70-Year-Old Needs to Hear

[ Mon, Dec 09th 2024 ]: CBS News

Who was Brian Thompson, the UnitedHealthcare CEO shot dead in Manhattan?

[ Mon, Dec 09th 2024 ]: Global Finance

World's Best Digital Banks 2024: Global And Regional Winners

[ Mon, Dec 09th 2024 ]: Crain's Chicago Business

GTCR sells AssuredPartners for $13.45 billion to Arthur J. Gallagher

[ Mon, Dec 09th 2024 ]: AOL

SEC's climate disclosure rules may not survive un .. rump, but many firms still likely to report risks

[ Mon, Dec 09th 2024 ]: Yahoo Finance

Donald Trump's Return Will Bring "A Lot More Vola .. s World, But "We'll Survive," Ad Agency Execs Say

[ Mon, Dec 09th 2024 ]: BBC

Reeves wants 'reset' with EU to boost growth

[ Mon, Dec 09th 2024 ]: RTE Online

Reeves pushes for closer trade ties with EU in Brussels talks

[ Mon, Dec 09th 2024 ]: Tuko

UK finance minister hails 'milestone' talks with EU counterparts

[ Mon, Dec 09th 2024 ]: Reuters

Exclusive: Kering in talks with Italy to settle Alexander McQueen tax dispute, sources say

[ Mon, Dec 09th 2024 ]: cnbctv18

Budget 2025 | SEZs lost sheen after removal of di .. ovt mulls amendments to attract cos: Govt sources

[ Mon, Dec 09th 2024 ]: MSN

Arthur J Gallagher strikes $13.5 billion deal to strengthen US insurance broker business

[ Mon, Dec 09th 2024 ]: Business Standard

Shaktikanta Das: The man behind GST, note ban, Covid monetary response

Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals

//business-finance.news-articles.net/content/202 .. -flush-with-cash-and-hunting-overseas-deals.html

Published in Business and Finance on Monday, December 9th 2024 at 18:00 GMT by bnnbloomberg
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

(Bloomberg) -- Japan's megabanks are awash in cash and eager to invest.

210x110/4269 Bytes

Japan's megabanks, including Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc., are currently experiencing a surge in cash reserves due to a combination of factors such as a weak yen, rising interest rates, and a robust domestic economy. This financial strength is driving these banks to seek growth opportunities abroad, particularly through acquisitions and investments in overseas markets. The banks are focusing on regions like the U.S., Southeast Asia, and India, aiming to diversify their revenue streams and reduce reliance on the domestic market. This strategic shift is also influenced by the need to adapt to Japan's aging population and the potential for prolonged low interest rates at home. The banks are leveraging their strong capital positions to engage in high-profile deals, with Mitsubishi UFJ eyeing a significant stake in HDFC Bank Ltd. in India, while Sumitomo Mitsui is exploring opportunities in the U.S. and Southeast Asia. This international expansion is part of a broader strategy to enhance their global presence and competitiveness in the financial sector.

Read the Full bnnbloomberg Article at:
[ https://www.bnnbloomberg.ca/business/international/2024/12/09/japans-megabanks-are-flush-with-cash-and-hunting-overseas-deals/ ]