|The Fuji Bank, Limited|
|Type||Public KK (TYO: 8317) (now defunct)|
|Key people||Zenjiro Yasuda, Founder|
|Website||www. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock Year 1864 ( MDCCCLXIV) was a Leap year starting on Friday (link will display the full calendar of the Gregorian Calendar (or a Leap year officially, is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. For a topic outline on this subject see List of basic Japan topics. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Financial services refer to services provided by the finance industry. Employment is a Contract between two parties, one being the employer and the other being the employee. Year 2001 ( MMI) was a Common year starting on Monday according to the Gregorian calendar. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages fujibank. co. jp|
The Fuji Bank, Limited (株式会社富士銀行 Kabushiki-gaisha Fuji Ginkō?) was one of Japan's major banks during the post-World War II era. officially, is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. abbreviated as MHFG, or simply called Mizuho is a Banking Holding company headquartered in the Ōtemachi district of Chiyoda Tokyo For a topic outline on this subject see List of basic Japan topics. A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including It combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group. The, abbreviated as, was one of the largest Banks in the world during the latter half of the 20th century The, based in Tokyo, Japan, was one of the largest Banks in the world during the latter half of the 20th century abbreviated as MHFG, or simply called Mizuho is a Banking Holding company headquartered in the Ōtemachi district of Chiyoda Tokyo
In 2002, Fuji Bank's corporate & investment banking division was transferred to Mizuho Corporate Bank and retail banking division to Mizuho Bank severally. or MHCB, is the corporate and Investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese Financial services conglomerate Retail banking refers to banking in which Banking institutions execute transactions directly with consumers rather than corporations or other banks is a Japanese Bank that was established on April 1, 2002 by the merger of the Dai-Ichi Kangyo Bank and the retail operations of the
Fuji Bank traces its history as far back as the old Yasuda zaibatsu. Yasuda zaibatsu ((安田財閥 was a financial conglomerate owned and managed by the Yasuda family
Seventeen year old Zenjiro Yasuda migrated from Toyama to Edo, settling in Nihonbashi. was a Japanese entrepreneur from Toyama prefecture who founded the Yasuda zaibatsu (安田財閥 is the capital city of Toyama Prefecture, Japan. It is located on the coast of the Sea of Japan on the island of Honshū, about 200 km north literally bay - Door, " Estuary " edo once also spelled Yedo or Yeddo, is the or Nihombashi, is a business district of Chūō Tokyo, Japan which grew up around the Bridge of the same name which has linked two sides of the In 1864, he opened a dry goods store, simply titled Yasuda-ya (lit. Yasuda & Company).  After the Meiji Restoration in 1869, the company positively underwrote bonds for Japanese government, whose credit standing was low then, and restore large treasury surplus. The, also known as the Meiji Ishin, Revolution, or Renewal, was a chain of events that led to enormous changes in Japan 's political and social structure In Finance, a bond is a Debt security, in which the authorized issuer owes the holders a debt and is obliged to repay the principal and Interest Japan no longer officially has the traditional Federal system, and its 47 prefectures, and prefectural and municipal assembly members are popularly elected for Credit is the provision of resources (such as granting a Loan) by one party to another party where that second party does not reimburse the first party immediately thereby generating The company also financed many public works such as railroads, harbor constructions, and so forth. Public works are the construction or engineering projects carried out by the State on behalf of the Community. "Railroad" and "Railway" both redirect here For other uses see Railroad (disambiguation. A harbor or harbour (see spelling differences) or haven, is a place where ships may shelter from the Weather or are stored
The company became incorporated in 1880, with a solid capital of 10 million yen accumulated in Yasuda-ya period, and changed its name to Yasuda Bank. Incorporation (abbreviated Inc in US and Canadian business names is the forming of a new Corporation (a corporation being a legal entity In Economics, capital or capital Goods or real capital refers to items of extensive value In Taishō period, the Japanese banking community were thrown into financial difficulties because of World War I and 1923 Great Kanto earthquake. The, or Taishō era, is a period in the History of Japan dating from July 30, 1912 to December 25, 1926, coinciding with the reign World War I (abbreviated WWI; also known as the First World War, the Great War, and the War to End All The struck the Kantō plain on the Japanese main island of Honshū at 1158 on the morning of September 1, 1923. Yasuda Bank aided many minor, small or medium banks, 11 of which were merged into Yasuda Bank in 1923. This merger helped Yasuda Bank become the largest Japanese bank in terms of deposits. A deposit account is a current account at a Banking institution that allows money to be deposited and withdrawn by the account holder with the transactions and resulting balance
Following World War II, Yasuda zaibatsu were dissolved by the SCAP. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including Supreme Commander of the Allied Powers ( SCAP) was the title held by General Douglas MacArthur during the Occupation of Japan following World War II On October 1, 1948, Yasuda Bank changed its name to The Fuji Bank, Limited. Events 331 BC - Alexander the Great defeats Darius III of Persia in the Battle of Gaugamela. Year 1948 ( MCMXLVIII) was a Leap year starting on Thursday (link will display the 1948 calendar of the Gregorian calendar. “Fuji” was named after Mount Fuji, which is a world-famous symbol of Japan, Fuji Bank aiming to be a world-famous Japanese bank. is the highest Mountain in Japan at.An Active volcano that last erupted in 1707–08 it straddles the boundary of Shizuoka and Fuji Bank formed Fuyo Group, one of the largest keiretsus, together with former Yasuda zaibatsu companies. is a Japanese Keiretsu. The group emerged after World War II as a continuation of the Yasuda zaibatsu. A is a set of companies with interlocking Business relationships and shareholdings.
As the Japanese economy developed, Fuji Bank expanded its business, with leadership positions in syndicated lending, corporate banking, public money management, mortgages, and retail financial services. The economy of Japan is the second largest economy in the world after the United States, at around US$4
In the 1970s, Sumitomo Bank began to gain market share at Fuji Bank's expense in the retail banking. was a Japanese bank based in Osaka. It merged with Sakura Bank on April 1 2001 to form Sumitomo Mitsui Banking Corporation. Fuji impatiently entered into rivalry with Sumitomo. In the late 1980s, however, the Japanese asset price bubble comes, and the Japanese banks granted increasingly risky loans. Japanese post-war economic miracle The was an Economic bubble in Japan from 1986 to 1990 in which Real estate and Stock prices greatly inflated After the bubble's collapse, Fuji's progressive plan also backfired. Fuji lost a great deal of money, swamped by non-performing loan. A non-performing loan is a Loan that is in default or close to being in default
In order to find a way out of the difficulties, Fuji Bank attempted to diversify its services, establishing Fuji Securities and Fuji Trust & Banking Co. in 1994. These subsidiaries, however, didn't make so large a profit. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Meanwhile, Fuji Bank had to restructure, lay off thousands of employees and sold its 52% stake in Heller Financial to GE Capital. GE Capital is one of four major units of General Electric, On 27 July 2008 General Electric announced that GE Capital is once again a single unit of GE
A very successful derivatives sub company, Fuji Capital Markets Corp was founded in New York in 1990 going on to become one of the lead players in the swaps market. FCMC went on to open an offices in London in 1992 and Hong Kong in 1994 which still exist as Mizuho Capital Markets Corp. FCMC was noted at the time for its relatively advanced technology, and was one of the first Japanese Banks to connect to the internet, registering the fcmc. com domain in 1993.
On November 24, 1997, Yamaichi, Fuji Bank's affiliated securities firm, announced it would cease operations and was declared bankrupt by the Tokyo District Court. Events 380 - Theodosius I makes his adventus, or formal Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar was a Japanese Securities trading firm The company announced it would cease operations on November 24 1997 and was declared bankrupt by the Tokyo District Court A security is a Fungible, Negotiable instrument representing financial value Tokyo District Court (東京地方裁判所 Tōkyō Chihō Saibansho) is a District court in Kasumigaseki, Chiyoda Tokyo, Japan. In addition, Yasuda Trust & Banking, Fuji Bank's affiliated trust company, ran into problems with earnings and credit quality in 1999. is the Trust banking arm of Mizuho Financial Group, the second-biggest Japanese Financial services company A trust company is a Corporation, especially a Commercial bank, organized to perform the Fiduciary functions of trusts and agencies Fuji Bank bought a controlling stake in Yasuda Trust, but Fuji couldn't reconstruct Yasuda for itself any longer .
Just in time, Dai-Ichi Kangyo Bank proposed to Fuji its becoming a “white knight” for Fuji. The, abbreviated as, was one of the largest Banks in the world during the latter half of the 20th century In Business, a white knight may be a Corporation, a private company or a person that intends to help another firm Dai-Ichi Kangyo held superior assets, but was left behind the current of the Japanese banks mergers. 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. The, based in Tokyo, Japan, was one of the largest Banks in the world during the latter half of the 20th century abbreviated as MHFG, or simply called Mizuho is a Banking Holding company headquartered in the Ōtemachi district of Chiyoda Tokyo 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar.
During the September 11, 2001 attacks on New York, Fuji Bank's United States offices were located at the impact zone of United Airlines Flight 175 in Tower 2. The City of New York The United States of America —commonly referred to as the United Airlines Flight 175 was a scheduled US domestic passenger flight from Logan International Airport in Boston Massachusetts to Los Angeles Fifteen Fuji Bank employees died in the attack.