
	Where results make sense

Topic: Fuji Bank

Related Topics

Mizuho Bank

Sumitomo Mitsui Banking Corporation

Bank of Japan

Keiretsu

MITI

Mitsubishi

World War II

Sharp Corporation

Asian financial crisis

History of Hong Kong

Hyundai Motor Company

In the News (Sat 2 Jun 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	FRB: Press Release -- Approval of application of Fuji Bank, Limited -- July 20, 1999
		Fuji, with total consolidated assets of approximately $486 billion, is the fifth largest banking organization in Japan and the twelfth largest banking organization in the world.
		The most recently reported capital ratios of Fuji exceed the relevant risk-based capital standards established under the Basle Accord, and the proposed transaction is not expected to have a material effect on the capital of the consolidated organization.
		Fuji has committed that it will conform the real estate activities of HealthCare to the requirements of section 4 of the BHC Act within two years after consummation of the proposal, and will cease making any impermissible real estate investments within six months of consummation of the proposal.
	www.federalreserve.gov /BoardDocs/Press/bhc/1999/19990720 (1091 words)

	FRB: Press Release -- Approval of application of Fuji Bank, Limited -- June 8, 1998
		Fuji, with total consolidated assets of approximately $453 billion, is the third largest banking organization in Japan.
		Fuji has committed that, to the extent not prohibited by applicable law, it will make available to the Board such information on the operations of Fuji and any of its affiliates that the Board deems necessary to determine and enforce compliance with the BHC Act, the IBA, and other applicable federal law.
		Fuji has submitted information indicating that the proposal, which is incidental to a corporate restructuring in Japan, would not affect the existing U.S. operations of Fuji, and would require no funding or other support from the U.S. operations of Fuji.
	www.federalreserve.gov /BOARDDOCS/Press/bhc/1998/199806082 (1246 words)

	9/24/99 BW Online--Fuji Bank's Boss: Searching for a "Better Balance"
		Japanese banking circles were rocked last month by news of a grand alliance between Fuji Bank, Dai-Ichi Kangyo, and the Industrial Bank of Japan.
		One of the architects of the alliance is Fuji Bank President Yoshiro Yamamoto.
		Fuji was the first money-center bank in Japan to take that painful step.
	www.businessweek.com /bwdaily/dnflash/sep1999/nf90924d.htm (737 words)

	Fuji Bank - Wikipedia, the free encyclopedia
		In 2002, Fuji Bank's corporate and investment banking division was transferred to Mizuho Corporate Bank and retail banking division to Mizuho Bank severally.
		“Fuji” was named after Mount Fuji, which is a world-famous symbol of Japan, Fuji Bank aiming to be a world-famous Japanese bank.
		Fuji Bank weakened by its non-performing loan had no choice but to merge with Dai-Ichi Kangyo, along with the Industrial Bank of Japan, creating Mizuho Financial Group in 2000.
	en.wikipedia.org /wiki/Fuji_Bank (651 words)

	Godzilla Bank! What is the impact of some of Japan's largest bank coming together? ~ gate39.com: a webzine on Japan (Site not responding. Last check: 2007-10-13)
		On 8/19/1999, when three large Japanese banks announced that they would merge their operations to form the largest financial institution in the world, many people theorized that the Japanese banks had finally made a move to restructure their overcrowded banking industry.
		A closer look at the merger of Fuji Bank, Dai-Ichi Kangyo Bank and Industrial Bank of Japan, the 2nd, 6th, and 7th largest banks in Japan, respectively, is required to determine if all this euphoria is indeed justified.
		Considering all banks have been less that forthright about coming forward with the exact amount of bad loans, these banks may have surprises lurking beneath their public numbers.
	www.gate39.com /business/godzillabank.aspx (905 words)

	Order Approving the Acquisition of a Bank Holding Company - The Fuji Bank, Limited - Yasuda Trust and Banking Company ...
		Fuji, with total consolidated assets of approximately $417 billion, is the fifth largest banking organization in Japan.(2) In the United States, Fuji owns The Fuji Bank and Trust Company, New York, New York, a state-chartered insured bank.
		In addition, Fuji engages through its nonbanking subsidiaries in a number of activities in the United States that are permissible under section 4(c)(8) of the BHC Act.
		Fuji's reported capital levels exceed the minimum levels that would be required under the Basle Capital Accord, and its capital levels are considered equivalent to the capital levels that would be required of a U.S. banking organization under similar circumstances.
	www.findarticles.com /p/articles/mi_m4126/is_5_85/ai_55753019 (616 words)

	8/20/99 BW Online--Japan's Megabank Details Its Plans While Rivals Scramble
		The banks are spending some $539 million (60 billion yen) annually now and will be able to significantly reduce an overlap in their IT budgets, according to Yamamoto.
		Japanese banks are considered far behind their foreign counterparts, several of which are investing more than $1 billion annually to build customer databases, strengthen Internet offerings, and develop risk assessment infrastructure.
		Although the banks say the move was announced when a strategic alliance was unveiled last September, they had planned to keep their headquarters separate and maintain their own names.
	www.businessweek.com /bwdaily/dnflash/aug1999/br90820b.htm?scriptFramed (948 words)

	Japan's Fuji, Dai-Ichi Kangyo Bank studying trust-banking alliance
		TOKYO, NOV 1: Fuji Bank and Dai-Ichi Kangyo Bank said on Saturday that they were studying a plan to form a partnership with Yasuda Trust & Banking Co in trust banking and other areas.
		Fuji and DKB also are considering an alliance in the securities business, it said.
		Major banks say they are on a sound footing with capital-assetratios above 8.0 per cent, but analysts said many would not meet the requirement if they were forced to use a more conservative method of evaluating share holdings.
	www.expressindia.com /fe/daily/19981102/30655794.html (440 words)

	Asia Times: EDITORIAL Bank-merger mania: And then there were five?
		The reduction of the number of Japanese ''city banks'' to five (give or take one) internationally competitive big players appears to be the officially unspoken, but not exactly hidden goal of the Ministry of Finance and Financial Reconstruction Commission chairman Hakuo Yanagisawa.
		The total of the three banks' net business profit for the same period was only 500 billion yen, with 141 trillion yen in total assets.
		That big city banks are now aggressively responding to the challenge of liberalization and are readying themselves to jump into the global pond seems to us a whole lot better idea than watching from the rim and worrying about getting wet.
	www.atimes.com /japan-econ/AH26Dh01.html (659 words)

	Fuji Bank London Standardizes on Infinity for Foreign Exchange Trading
		Fuji Bank London has one of the largest Japanese trading rooms in Europe, executing high volumes of FX, money market and derivatives trades on a daily basis.
		The initiative at Fuji Bank London takes advantage of the global resources of the new company, as developers, financial engineers and project managers representing each of the three former organizations have united to bring the highest degree of industry and product knowledge to the project.
		About Fuji Bank The Fuji Bank Ltd was established in 1880 and is one of Japan's most prestigious and oldest banks.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-04-1998/0000674660&EDATE= (646 words)

	Fuji Bank Introduces Internet Debit Software (Site not responding. Last check: 2007-10-13)
		Fuji Bank Ltd., the sixth largest bank in Japan, has introduced a new software product which permits it's clients to pay for on-line purchases in "cybermalls", provided that the accounts of both the buyer and the vendor are with Fuji.
		Fuji hopes that it's software will be adopted by it's competitors, but the bank also said that being the first to introduce such a product has improved it's standing among existing bank clients and attracted new ones.
		Fuji's manager of the multimedia business division, Satoru Sakauchi, stated their desire to attract client and merchant accounts.
	www.nyls.edu /cmc/bulletins/fbintdsw.htm (95 words)

	The Bank of New York: Press Release (Site not responding. Last check: 2007-10-13)
		The Bank of New York is depositary for more than 1,250 American and global depositary receipt programs, a 64% market share, acting in partnership with leading companies from 61 countries.
		The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide.
		Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide.
	www.bankofny.com /htmlpages/npr_2006_2334.htm (632 words)

	Modern Japan - Japan Inc. - Companies (1)
		In April 2001, joined with Mitsubishi Trust and Banking Co and Nippon Trust Bank to form the Mitsubishi-Tokyo Financial Group, which in turn merged with the troubled UFG Holdings on January 1 2006 to form Mitsubishi UFJ Financial Group Inc.
		In 2002, DKB was consolidated with the Industrial Bank of Japan and Fuji Bank to form the Mizuho Financial Group, Japan's second-largest bank.
		Japan's sixth-largest bank, in 2002, consolidated with the Industrial Bank of Japan and Dai-Ichi Kangyo Bank to form the Mizuho Financial Group, Japan's second-largest bank.
	www.japan-zone.com /modern/company1.shtml (1174 words)

	BBC News \| Business \| Yamaichi seeks Fuji's help
		Yamaichi Securities, whose shares have plunged in the last week, has asked its major creditor Fuji Bank to give it financial support to back up its liquidity and help strengthen its capital.
		The approach was revealed in a newspaper report and triggered a 10% rally in shares in Yamaichi in early morning Tokyo trade after they suffered a painful slide on Wednesday.
		Fuji Bank shares meanwhile continued to fall - down 39 yen at 774.
	news.bbc.co.uk /1/hi/business/33184.stm (295 words)

	Inner City Press' Mizuho Watch: Dai-Ichi + IBJ + Fuji = ???
		DKB’s, IBJ’s and Fuji’s Joint Response mis-summarizes ICP’s protest, claiming that that ICP “asserts” that “[s]ubprime lending is synonymous with predatory lending.” JR at 3.
		Fuji’s subsidiary Heller Financial is a creditor of the controversial subprime lender Ameriquest (whose high interest rate lending targeted at minorities is analyzed in Section III, infra).
		Industrial Bank of Japan is a major securitizer of problematic high-loan-to-value (“high LTV”) loans: the eighth largest securitizer of such loans in the United States, according to the National Mortgage News of February 1, 1999.
	www.innercitypress.org /mizuho.html (12655 words)

	Anurag Khanna: Banknet India
		He began his banking career as a probationary officer with the State Bank of India where he gained experience in several aspects of banking and served in various positions including as a branch manager.
		Khanna headed Fuji Bank's Corporate Finance in India, which included overseas lending, syndicated cross border deals, project finance, mergers and acquisitions, and joint ventures in coordination with the Singapore and Tokyo offices.
		As per Euromoney Loanware, Fuji Bank was ranked number one in terms of syndicated cross border transactions in India in 1997.
	www.banknetindia.com /anurag.htm (405 words)

	ABC News: Bank of Tokyo-Mitsubishi UFJ Debuts (Site not responding. Last check: 2007-10-13)
		Mizuho's parent group, Mizuho Financial Group Inc., was established in 2000 from the integration of the Industrial Bank of Japan, Dai-Ichi Kangyo Bank and Fuji Bank, while Sumitomo is the core bank of Sumitomo Mitsui Financial Group Inc., created in 2001 through the merger of Sumitomo Bank and Sakura Bank.
		Other banks also posted healthy results, the latest indication that Japan's financial sector is on the mend after years of losses writing off mountains of non-performing loans that piled up during the slowdown that started in the early 1990s.
		But the banks could face tough competition when the government's plan to start privatizing the postal system which has 330 trillion yen ($2.80 trillion) in savings and issuance deposits and 24,700 offices around the country comes into full swing this year.
	abcnews.go.com /Business/wireStory?id=1460368 (394 words)

	[No title]
		Fuji Bank, 1695 Hanrei-Jiho 49 (Supreme Court, Nov. 12, 1999), a bank loaned its customer 650 million yen (about $5.5 million) by which the customer invested in stocks through a securities company.
		As Fuji Bank made it clear, the courts protect not only a corporation’s substantive interest such as trade secret but also its decision making process itself, namely free internal discussion and exchange of opinions.
		Fuji Bank, 1695 Hanrei-Jiho 49 (Supreme Court, Nov. 12, 1999).
	www.vsb.org /sections/cc/docs/thirdplace.doc (1785 words)

	The Impack of World's Second Largest Bank Merger on "Japan, Inc." (Site not responding. Last check: 2007-10-13)
		The main bank is also a principal shareholder and may own up to 5% of the equity of the borrowing company.
		By seating a bank representative on the board of directors of the borrowing company, the main bank is closely involved in the business and financial plans of the firm.
		The new holding bank consisting of IBJ (the twentieth largest in the world), Dai-Ichi Kangyo Bank (the eleventh largest) and Fuji Bank (the fifth largest) will exceed Deutsche Bank in size to become the largest bank in the world with total assets of 141 trillion yen.
	www.oycf.org /Perspectives/3_123199/impact_of_world.htm (2264 words)

	BBC News \| The Company File \| Bank e-mail virus insults investors
		Japan's Fuji Bank has apologised to some of its biggest investors world-wide after inadvertently sending them e-mails describing them as "jerks".
		But the e-mails contained a virus that meant any of the big money men and women who opened it got a surprise message "from Fuji Bank" telling them they were "a big, stupid jerk".
		The bank insisted the virus was not a serious breach of its security.
	news.bbc.co.uk /1/hi/business/the_company_file/431697.stm (243 words)

	Fuji Bank chief: Japan banks must reform - Jan. 3, 1997
		There could be further failures of non-bank financial institutions and probably some regional banks.
		And it's being proposed that the Bank of Japan Law be amended to insure the independence of the Bank of Japan with respect to monetary policy.
		It went down to something like 8 percent in 1992 as a result of the collapse of the bubble, which has limited the activities of Japanese banks.
	money.cnn.com /1997/01/03/companies/intv_dorman (605 words)

	CNN.com - Japan bank computer glitch causes chaos - April 10, 2002
		As of April 1, Dai-ichi Kangyo Bank Ltd., Fuji Bank Ltd. and Industrial Bank of Japan Ltd., three of Japan's twelve major banks, have been consolidated into Mizuho Bank Ltd. and Mizuho Corporate Bank Ltd. under the management of Mizuho Holding in Tokyo.
		Before the three banks were reorganized, each of the banks had a different IT supplier.
		The company is planning to integrate the entire Mizuho Bank system on Fujitsu equipment and move Mizuho Corporate Bank to a single Hitachi system in April 2003, Miyama said.
	edition.cnn.com /2002/TECH/industry/04/10/japan.bank.glitch.idg (500 words)

	AsiaSource: AsiaTODAY - A resource of the Asia Society
		While opening the financial and banking sector to foreign investment and ownership, the Japanese government is encouraging the merger of weakened banks, and the purchase of nationalized insolvent banks in an effort to limit the public cost of the bank revitalization program.
		Japan’s banks have recently unveiled merger plans to create the two biggest banking groups in the world, but analysts say the sector faces a long road back to the ranks of the biggest players internationally.
		CS Monitor argues that the government’s broad bank bailout plan does not ensure increased accountability, or punish banks for mismanagement, one of the roots of the banking sector crisis in Japan.
	www.asiasource.org /news/at_mp_02.cfm?newsid=3781 (2339 words)

	the high-availability challenge for e-business (Site not responding. Last check: 2007-10-13)
		That was precisely the situation faced by Fuji Bank* in 1998 when Japan's central bank issued the deadline for new system deployment.
		Fuji Bank knew it could count on its server deployment strategy, and its confidence has been rewarded by flawless performance.
		Following them led Fuji Bank to deploy and launch a system that has experienced only one downtime incident—and that was caused by human error.
	appzone.intel.com /eBusiness/products/related_server/availability/ar115.htm (1263 words)

	Japanese banks announce alliance to form world's largest banking group Afghan opposition claims repulsing two Taleban ...
		All three of the banks have had their troubles, although they denied they were getting together merely to survive.
		Fuji Bank and the Industrial Bank of Japan also reported large group losses for fiscal 1998.
		Industrial Bank of Japan shares were up by 10 percent to 1,084 yen ($9.70) from the previous close; Dai-Ichi Kangyo Bank by 11 percent to 1,009 yen ($9.00); Fuji Bank by 9 percent to 1,043 yen ($9.30).
	www.turkishdailynews.com.tr /archives.php?id=13777 (4520 words)

Try your search on: Qwika (all wikis)