The investment bank is eyeing a prized banking licence to operate in Japan - what does this mean for the bank, for treasurers and for fintech in the region?
The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
Toshiba’s reform of its audit committee came too late to save the firm’s reputation for fiscal probity. Other Japanese firms need to take note and avoid a similar fall from grace.
The two countries will work together to make it easier for fintech companies to operate across borders, a move one expert says could help develop technology to support large companies' supply chains.