Basel Committee

Basel II: Time to prepare

Following the publication of the third and final consultation paper, Japan's banks are focusing more seriously on Basel II. With the new requirements set to take effect from 2006, most banks face a critical year ahead.

Operational Risk & Regulation | 30 Jun 2003  

Credit Derivatives

Japan electronics finish the week off their highs

The cost of credit protection on Japanese electronics companies ended the week off their highs, as market participants finished re-adjusting portfolios and protection sellers re-emerged in the market.

Risk magazine | 06 Jun 2003  

Japan's four major banks post losses of $31bn for 2002

Japan's four largest banks have posted a combined ¥3.61 trillion ($30.9 billion) in losses for the 2002 financial year, following larger-than-expected losses in their cross-equity holdings amid slump in the country’s equity markets and their ongoing...

Operational Risk & Regulation | 27 May 2003  

Regulation

Japan’s Resona asks for government bailout

Resona Holdings, Japan’s fifth largest banking group created by the merger of Asahi and Daiwa, has asked the Japanese government for an emergency injection of public funds, following a sharp plunge in its capital reserves. The government bailout, expected...

Risk magazine | 19 May 2003  

Credit Derivatives

Japanese credit default swaps trading centres around convertibles

Most of the trading in Japan’s credit default swaps market centred around names with outstanding convertible bonds in quiet trading this week.

Risk magazine | 09 May 2003  

Regulation

Moody’s sees record Japanese yen CDO issuance

International rating agency Moody’s Investors Service said today it rated a record ¥3.02 trillion ($25 billion) of collateralised debt obligations (CDOs) in the first quarter of the year. That compares to full-year volume of ¥3.14 trillion in 2002....

Risk magazine | 14 Apr 2003  

Credit Derivatives

Japanese banks get a breather but airlines continue to dip

The cost of credit protection on Japanese banks were off their lows, as the regulator eased earlier concerns that it may nationalise ailing banks. Meanwhile, the cost of protection on airlines continued to skyrocket as the war in Iraq and the spreading...

Risk magazine | 04 Apr 2003