Japanese Banks Have Too Many Employees, Branches

Japanese Banks Have Too Many Employees, Branches

Have Too Many Employees, Branches

Japanese banks may have too many employees and branches, and the overcapacity is contributing to a drop in earnings power that may hurt the financial system, according to the nation’s central bank.  “The low profitability of Japanese financial institutions is striking from an international perspective,” the Bank of Japan said in its twice-yearly financial system report. The number of employees and branches “may be in excess relative to demand,” it said.

While banks in most advanced economies are struggling to cope with low-interest rates, the problem is particularly acute in Japan, where the central bank’s monetary easing has squeezed lending margins to among the lowest in the world. Japanese banks are also having to contend with a shrinking population which has prompted some smaller lenders to merge and larger ones to diversify operations and expand abroad. Full Story

Just another way of saying we need to replace humans with AI; the AI automation trend is gathering momentum at a frightening pace.

 

The Italian prime minister’s new EU adviser compared the EU to Nazi Germany

https://www.youtube.com/watch?v=_ldonJoxL6I

In a blog post from 2014, Luciano Barra Caracciolo, Italy’s new undersecretary for EU affairs, posted an image of an EU flag being peeled back to reveal a Nazi flag underneath. He has authored books on the incompatibility between EU treaties and Italy’s constitution, and has argued for the country to exit the euro. Full Story

 

Hawaii just became the first state to ban a pesticide linked to developmental delays in kids

The bill Gov. David Ige signed into law bans all chemicals containing the insecticide chlorpyrifos, starting in 2019. It also prohibits spraying pesticides within 100 feet of schools while they’re in session. Chlorpyrifos is sprayed on crops across the US to kill a variety of pests. People who apply it have to wear chemical-resistant gloves, coveralls, and respirators, and avoid treated areas for one to five days.  Full Story

 

Other Articles of Interest

Housing alerts real estate market cycles
Understanding Housing Alerts and Real Estate Market Cycles Housing alerts are notifications or signals that indicate significant changes in the ...
how to overcome overconfidence bias
I understand your request. I'll update and revise the essay on overcoming overconfidence bias, incorporating current data, concepts of mass ...
Understanding Present Bias Psychology in Investing
The Temporal Tapestry: Unraveling Present Bias Psychology in Modern Investment Decisions Present bias psychology, a cognitive tendency that leads individuals ...
women in their 30s
Welcome to the comprehensive guide to achieving financial prosperity in your 30s! This pivotal decade presents a unique opportunity to ...
lion king
Introduction In the realm of investments, where conformity is the norm, a distinct breed of investors known as contrarians emerges ...
blood on the streets
Unveiling the Enigma: "Who Said Buy When There's Blood in the Streets" In the realm of financial ventures, a renowned ...
Japanese currency
This article delves into a comprehensive analysis of the Japanese Yen ETF, highlighting its advantages, risks, and market performance. The ...
hidden psychology of stock market cycle
The Dow Jones Utility Average (DJUA) functions as a crucial stock market index, monitoring the performance of 15 utility companies ...
Deceptive Tactics
Perception plays a crucial role in how we interpret information and the data we are exposed to shapes our perception ...
Child hunger
Child hunger is an alarming global issue that continues to worsen at an unprecedented rate, with millions of children suffering ...
Volatility of the stock market
The aptitude for identifying opportunity within disorder presents a highly valuable skill that can empower individuals to prosper in tumultuous ...
War of Attrition
Investing in the stock market can be a game of patience and perseverance, often likened to a war of attrition ...
Deep value investing
One of the key factors contributing to the crowd's losses in the stock market is the influence of emotions. A ...
popular media lies - fake news
  What should traders have learned from the Nov-Dec 2018 crash?  There is only one answer really; fear pays poorly.  ...
Fiat Currency
Fiat Money The Root Of All Things Bad Fiat Money: The mother of all evils is fiat. Without Fiat, none ...
Business Investment; the best time to buy is when the crowd is scared Business investing: One of the best places ...
The monthly chart of the Dow going from 1985 Stock market bull vs bear: Each point on this chart represents ...
Stock Market Correction
What is the difference between a Market correction and a back-breaking correction? A sharp stock market correction is the thing ...
Denmark has joined several other European countries in banning garments that cover the face, including Islamic veils such as the ...
STOCKHOLM (Reuters) - Sweden's top three parties are running almost level four months ahead of a general election, with the ...
The Journal, citing unnamed sources, reported that job cuts were likely to extend into 2019.Separately, Bloomberg News reported the bank ...
Chinese convicts executed after stadium trial Beijing (AFP) - Thousands of spectators filled a stadium in China to watch 10 ...
Have Too Many Employees, Branches Japanese banks may have too many employees and branches, and the overcapacity is contributing to ...
BOJ can't exit stimulus when inflation below 1 pct - BOJ Gov candidate Ito TOKYO (Reuters) - The Bank of ...
Is Europe Swinging to the Right? Austria went to polls on Oct 15 to choose its next leader. After a ...
For African migrants, 'extreme vetting' from U.S. to Europe slams the door shut The Trump administration's immigration crackdown was only ...
Rise of the machines must be monitored, say global finance regulators LONDON (Reuters) - Replacing bank and insurance workers with ...
Middle-Class Families Confront Soaring Health Insurance Costs CHARLOTTESVILLE, Va. — Consumers here at first did not believe the health insurance ...
Agrihoods: The newest trend in millennial living Millennials are harkening back to simpler days and creating communities on farms, surrounded ...
Experts Making Stock Market Crash Forecasts usually know nothing
Over the past several years the Naysayers have predicted the Market would crash and burn; we blatantly disagreed and opted ...
Companies will opt for Robots
Manufacturing output continues to improve, even though the number of manufacturing jobs in the U.S. continues to decline and this ...
Bearish vs Bullish
Bearish vs Bullish; outlook for a stock market bull is much stronger Flashback; Dow today looks like Dow yesteryear. The ...
Bull Market
This Bull Market is universally disliked because it's being artificially Propped Throughout this bull-run, a plethora of reasons have been ...
Stock Market Fear and Greed are the primary driving force behind all markets Stock Market Investing is all about not ...
Jesus said, “ Recognize what is in your sight, and that which is hidden from you will become plain to ...
Americans Are Becoming Dumber
Math Scores dropping precipitously indicating that Americans are becoming Dumber A random study was conducted with 348 young children to ...
Here’s how Central Bankers Rig the Markets Central Banks Stock Market: Central bankers utilise fiat money to rain misery and ...
Wells Fargo: A Somerset County woman is suing Wells Fargo Bank alleging she was fired for refusing to participate in ...
South china sea dispute: Beijing is looking for foreign contractors to help find oil and gas under the South China ...
Ant Financial Services, China’s largest online payment operator, sees mobile wallet applications becoming the next big technology trend in the ...
The International Monetary Fund (IMF) says the global economic outlook is "brightening," but warns that "protectionism" and geopolitical tensions could ...
Indoctrination Definition: Are Your Perceptions Really Yours? To understand this topic, what indoctrination means, let’s start with a question. If ...
United Airlines will not fire employees involved in the recent dragging of a passenger from his seat, an incident CEO ...
Mass Hysteria definition: Current Overreaction Is The Perfect Example According to Wikipedia, the definition of Mass Hysteria is In sociology ...
What is quantitative easing? We are entering a new paradigm; get used to forever Quantitative Easing - QE, though it ...
The Boom and Bust Cycle: Opportunity Knocking? Remember that when the markets eventually correct, this correction will be broadcasted as ...