Effective Utilization of Cash Reserves for Investment: Draft Revision of Corporate Governance Guidelines to Curb Shareholder Bias
The Financial Services Agency of Japan has proposed a revision to the Corporate Governance Code that advocates for more effective use of cash reserves for investments rather than prioritizing shareholder returns.
Demand for Interest Rate Cuts Can Be Made Automatically Without Direct Requests... 'Automated Agency Services' are Coming Out One After Another
Financial companies are launching automated services that allow customers to request interest rate cuts without making direct demands themselves.
The Trap of 'Full Commission' in Prudential: Other Companies Also Review Business Models
Prudential Life Insurance has been embroiled in a major scandal involving over 100 employees defrauding around 500 clients of more than 3.1 billion yen, prompting an inspection by the Financial Services Agency and a 90-day suspension of new business activities.
Securities Account Hacking Case: Company Director Admits to Charges at First Trial
A company director, Lin Shin-hai, admitted to charges related to his involvement in a securities account hacking case that led to unauthorized stock trading in Tokyo.
UBA revamps agency, merchant banking services
The United Bank for Africa has launched a new Aggregator Sales Structure to enhance its Agency Banking Network and promote financial inclusion in Nigeria.