Japan Net Bank Case Analysis

Retirement Planning One of the biggest concerns for many of their clients will be how to make their way into retirement with the financial support they’ll need in their golden years. They offer you a wide variety of products and accounts to support a flexible retirement strategy for all of their clients. Traditional Brokerage Products Some financial products and services may be found in nearly every firm, but Wells Fargo Advisors goes the extra mile by committing to

The company continued to grow through the recession of the 1990’s and has continued to do so since the onset of the global financial crisis. The performance of the company during these periods highlights the strength of its business model. (JBH Annual Report, 2009)

BJB-NA recognizes that its future success hinges on one important factor: its clients.  Our consulting firm wants the Company to further expand and impact its clients beyond what Adam has already planned. Our approach is a client-centric strategy that focuses on two key initiatives: (1) Aggressively recruiting top talent to enhance client acquisition and performance (2) Overhauling the

Technology and Information Systems- the Company will continue to expand its e-commerce business in the future. Its e-commerce sales today gross over one billion. Its plan is to focus on continued profitability with online sales. Part of the plan included a full assessment of the online business to analyze the main areas of functionality and online improvements. It will also continue its Omni channel capabilities, which includes shipping to store and in-store pickup exclusively during the holidays. Due to the rapid growth of mobility, over 50% of its e-commerce sales

Shinsei bank has a rich history in terms of influence over the Japanese banking sector. Of all the defining moments, there are a few moments that reflect the culture shift of Shinsei bank from the more traditional Japanese approach to the more Western business model. These moments include the denial by Shinsei to forgive 97 billion Yen in debt owed by Sogo, the creation of the Shinsei Securities operations and the institutional banking department, being listed on the Tokyo Stock exchange and the hiring of Tom Pedersen as the Chief Learning Officer

By having such a kind of technologically advanced financial services, it provides fastest services to its customers. It provided special IT infrastructural facilities such as (i) printers, (ii) scanners and (iii) hi-speed internet.

Bank of America originally started out as Bank of Italy in 1904 by Mr. Amadeo Giannini in a San Francisco neighborhood. The bank served Italian Americans from the North Beach area and in 1906 Mr. Giannini saved all the deposits during the San Francisco earthquake and fire. He was able to resume banking before most banks could. In 1930 Bank of Italy changed its name to Bank of America. In 1950, Bank of America was the first bank to use a computer to help with their banking. According to Bank of America’s site (“Our Story: Technology”, n.d.), they teamed up with Stanford Research Institute and created ERMA (Electronic Recording Method of Accounting), which was debuted in 1955 by Ronald Reagan through a video conference. ERMA helped process checks faster, post to accounts, and calculated service charges to name a few, but more importantly it made banking more efficient.

LTCB did not have much presence in retail banking, with only two dozen branches throughout Japan, while major commercial banks had several hundred branches. The bank sold debentures (instead of receiving deposits) to high net worth individuals, but those individuals conducted their banking transactions at other banks which had a broader branch network. Shinsei bank needed an entirely new business strategy, and that, decided Yashiro, would be to serve retail customers. To create a retail banking business from the ground up, Yashiro needed the help of a visionary and technologist. Dhananjaya “Jay” Dvivedi looked like the right man for the job. An experienced manager of technology and operations with whom Yashiro had worked at Citibank Japan during the 1990s,4 Dvivedi had an engineering background and sought to apply manufacturing principles to the development of the new IT infrastructure.

that will create a level playing field for the well established companies as well for the startup companies. Moreover, critical yet universally beneficial pieces of information would be stored in these banks that would be accessed by other facets in a restricted environment thereby creating a win-win situation for the owner as well as for the user of the information. Because of the impetus provided by the 7th Generation technology that can make the internet work at a speed that can only be imagined of today, the world of business would witness a massive surge in online trade. From buying Bugattis to selling samosas, the internet would be the undisputed

The Bank has developed a branch network which is built on customer-convenience and service, helping it particularly in the acquisition of low-cost retail deposits, retail assets, lending to agriculture, SME and mid-corporate and facilitating the cross-selling of third-party products.

When it comes to Japan’s financial environment one of the first things to note is the vast pile of debt that Japan has accumulated over the years. Japan’s gross debt-to-GDP ratio stands above 240 percent, which is the highest of all OECD countries (The Economist, 2014). In contrast, in 2010 the ratio was ‘only’ 178.4 percent. The reason for this huge debt pile is that Japan has had twenty-two consecutive budget deficits (OECD, 2015). And in recent years these deficits were often over 8 percent of GDP. The main reasons for the rising budget deficits are that government revenues have been stable as a percentage of GDP, whereas government expenditures have increased steadily (The Economist, 2014). For now, the burden the debt due to interest payments is limited due to the low interest rates at which Japan is able to borrow. However, an ageing population will make repaying debt in the future ever harder (OECD, 2015).

The motto of JBL's Corporate Banking services is to provide a personalized solution to its customers. The Bank distinguishes and identifies corporate customers' need and designs tailored solutions accordingly.

Business: With the help website company proved its presence on the internet—advertised its products and services, and everything that was

Technological advancement has had a gigantic effect in the banking industry. Over the past few decades, the financial services industry has changed considerably with banking transforming from the pen and paper method to the computers and internet method. The pen and paper method took weeks or even months for the transaction to be eventually completed, and then the dramatic introduction of the computer and internet method which changed that time frame to only a matter of seconds to be completed, which reduced the amount of time and labor needed to complete a transaction significantly. Banking is considered one of the most important economic sectors with it being severely influential and responsive to any little change, whether it is domestic or international. Some extreme changes that were brought about by the development of this new technology turned into a globalized nature for the financial services industry. One stroke of a key on a computer could and would change a person 's life extensively or even have a global impact. The new technologies that were created and introduced changed how the consumers managed their money from that time on. Technology has helped to protect peoples’ hard earned money and make it much more impossible for people to be able to write out bad checks or even holding up a bank. The advancement in technology however, also came with some security risks as most things do, that could affect the money that people trusted with the bank and

In order to reach these objectives, the Bank needed to have a strong internal structure. The head of this group is a Governor who represents and controls the Bank. Following the Governor are two deputy governors who assist the governor and administer the Bank’s business. The rest of the Policy Board is comprised of six other members. Below the Policy Board we have Auditors, Executive Directors, and a few Counselors who aid the Governor and Deputy Governors at operating and administering the Bank (“Organization Chart”). Each Governor, Deputy Governor, and Executive Director is in charge of one or several of the fifteen head offices (日本銀行). Lastly we have various offices that do various things for the Bank of Japan. First of all, there are 32 branches that operate “currency issues and banking operations” and they also research on specific “economic and financial situations in their respective areas” (“Organization Chart”). After that Japan has 14 local offices that “handle some of the operations of the Head Office or branches” (“Organization Chart”). Finally, there are 7 Overseas Representative Offices that “perform liaison functions, gather information and conduct research” (“Organization Chart”).