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Encyclopedia > Fuji Bank
The Fuji Bank, Limited
Type Public KK (TYO: 8317) (now defunct)
Founded 1864
Headquarters Tokyo, Japan
Key people Zenjiro Yasuda, Founder
Industry Financial services
Employees 12,940 (2001)
Website www.fujibank.co.jp
Fuji Bank Head Office in Tokyo, now Mizuho Financial Group Headqaurters

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. It combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group. Image File history File links Download high-resolution version (720x713, 8 KB) Fuji Bank logo [1] This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... A public company is a company owned by the public rather than by a relatively few individuals. ... Business corporation ) is a type of corporation ) defined under Japanese law. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... 1864 (MDCCCLXIV) was a leap year starting on Friday (see link for calendar) of the Gregorian calendar or a leap year starting on Sunday of the 12-day-slower Julian calendar. ... Tokyo , literally Eastern capital)   is the seat of the Japanese government and the Imperial Palace, the home of the Japanese Imperial Family, and the de facto[1] capital of Japan. ... To meet Wikipedias quality standards, this article may require cleanup. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... 2001: A Space Odyssey. ... This page as shown in the AOL 9. ... Image File history File linksMetadata Mizuho_Financial_Group_(headquarters). ... Image File history File linksMetadata Mizuho_Financial_Group_(headquarters). ... Tokyo , literally Eastern capital)   is the seat of the Japanese government and the Imperial Palace, the home of the Japanese Imperial Family, and the de facto[1] capital of Japan. ... The headquarters of Mizuho Financial Group near the Imperial Palace in Tokyo Mizuho Financial Group, Inc. ... Business corporation ) is a type of corporation ) defined under Japanese law. ... The First Provincial Bank of Taiwan in Taipei, Republic of China was formerly the central bank of the Republic of China and issued the New Taiwan dollar. ... Combatants Major Allied powers: United Kingdom Soviet Union United States Republic of China and others Major Axis powers: Nazi Germany Italy Japan and others Commanders Winston Churchill Joseph Stalin Franklin Roosevelt Harry Truman Chiang Kai-Shek Adolf Hitler Benito Mussolini Hideki Tojo Casualties Military dead: 17,000,000 Civilian dead... The Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), was one of the largest banks in the world during the latter half of the 20th century. ... Industrial Bank of Japan (日本興業銀行 Nippon Kōgyō Ginkō) was one of the largest banks in the world during the latter half of the 20th century. ... This article is about the year 2000. ... The headquarters of Mizuho Financial Group near the Imperial Palace in Tokyo Mizuho Financial Group, Inc. ...


In 2002, Fuji Bank's corporate & investment banking division was transferred to Mizuho Corporate Bank and retail banking division to Mizuho Bank severally. For album titles with the same name, see 2002 (album). ... Mizuho Corporate Bank, Ltd. ... Mizuho Bank (みずほ銀行 Mizuho Ginkō) was founded on April 1, 2002, by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Japan Industrial Bank. ...


History

Fuji Bank traces its history as far back as the old Yasuda zaibatsu. Yasuda (安田) was formed by Yasuda Zenjiro. ...


In 1864, twenty-one year old Zenjiro Yasuda migrated from Toyama to Edo, settling in Nihonbashi, where 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 company also financed many public works such as railroads, harbor constructions, and so forth. 1864 (MDCCCLXIV) was a leap year starting on Friday (see link for calendar) of the Gregorian calendar or a leap year starting on Sunday of the 12-day-slower Julian calendar. ... Toyama Castle in Spring Toyama (富山市; -shi) is the capital city of Toyama Prefecture, Japan. ... Edo (Japanese: 江戸, literally: bay-door, estuary, pronounced //), once also spelled Yedo or Yeddo, is the former name of the Japanese capital Tokyo. ... Nihombashi (the bridge) Marker from which distances are measured Nihombashi (or Nihonbashi, 日本橋, lit. ... The Meiji Restoration ), also known as the Meiji Ishin, Revolution, or Renewal, was a chain of events that led to a change in Japans political and social structure. ... 1869 (MDCCCLXIX) is a common year starting on Friday (link will take you to calendar) of the Gregorian calendar or a common year starting on Sunday of the 12-day-slower Julian calendar. ... In finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon) at a later date, termed maturity. ... This article describes the structure of the Japanese Government. ... Credit as a financial term, used in such terms as credit card, refers to the granting of a loan and the creation of debt. ... Look up Public works in Wiktionary, the free dictionary. ... A railway yard in Portland, Oregon. ... 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. In Taishō period, the Japanese banking community were thrown into financial difficulties because of World War I and 1923 Great Kanto earthquake. 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. Incorporation (abbreviated Inc. ... 1880 (MDCCCLXXX) was a leap year starting on Thursday (see link for calendar). ... Capital has a number of related meanings in economics, finance and accounting. ... ISO 4217 Code JPY User(s) Japan Inflation -0. ... The Taishō period (Japanese: 大正時代, Taishō-jidai, period of great righteousness) is a period in the history of Japan dating from 30 July 1912 to 25 December 1926. ... Combatants Allied Powers: British Empire France Italy Russia United States Central Powers: Austria-Hungary Bulgaria Germany Ottoman Empire Commanders Ferdinand Foch Georges Clemenceau Victor Emmanuel III Luigi Cadorna Armando Diaz Nicholas II Aleksei Brusilov Herbert Henry Asquith Douglas Haig John Jellicoe Woodrow Wilson John Pershing Wilhelm II Paul von Hindenburg... The 1923 Great Kanto earthquake ) struck the Kanto plain on the Japanese main island of Honshu at 11:58 on the morning of September 1, 1923. ... 1923 (MCMXXIII) was a common year starting on Monday (link will take you to calendar). ... A deposit account is an account at a banking institution that allows money to be held on behalf of the account holder. ...


Following World War II, Yasuda zaibatsu were dissolved by the SCAP. On October 1, 1948, Yasuda Bank changed its name to The Fuji Bank, Limited. “Fuji” was named after Mount Fuji, which is a world-famous symbol of Japan, Fuji Bank aiming to be a world-famous Japanese bank. Fuji Bank formed Fuyo Group, one of the largest keiretsus, together with former Yasuda zaibatsu companies. Combatants Major Allied powers: United Kingdom Soviet Union United States Republic of China and others Major Axis powers: Nazi Germany Italy Japan and others Commanders Winston Churchill Joseph Stalin Franklin Roosevelt Harry Truman Chiang Kai-Shek Adolf Hitler Benito Mussolini Hideki Tojo Casualties Military dead: 17,000,000 Civilian dead... Supreme Commander of the Allied Powers (SCAP) was the title for Douglas MacArthur during the Occupation of Japan following WWII. The title did belong to Dwight David Eisenhower during WWII, however, he had nothing to do with the attacks on Japan. ... October 1 is the 274th day of the year (275th in leap years) in the Gregorian Calendar. ... 1948 (MCMXLVIII) was a leap year starting on Thursday (the link is to a full 1948 calendar). ... Mount Fuji Mount Fuji , IPA: ) is the highest mountain in Japan. ... Fuyo Group ) is a Japanese keiretsu. ... A keiretsu lit. ...


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. Economy of Japan - Wikipedia, the free encyclopedia /**/ @import /skins-1. ...


In 1970s, Sumitomo Bank began to gain market share at Fuji Bank's expense in the retail banking. Fuji impatiently entered into rivalry with Sumitomo. In the later 1980s, however, the Japanese asset price bubble comes, and the Japanese banks granted increasingly risky loans. After the bubble's collapse, Fuji's progressive plan also backfired. Fuji lost a great deal of money, swamped by non-performing loan. The 1970s decade refers to the years from 1970 to 1979, inclusive. ... The Sumitomo Bank, Limited ) was a Japanese bank based in Osaka. ... The examples and perspective in this article or section may not represent a worldwide view. ... Inflation-adjusted home home prices in Japan (1980–2005) compared to home price appreciation the United States, Britain, and Australia (1995–2005). ... 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. Meanwhile, Fuji Bank had to restructure, lay off thousands of employees and sell its 52% stake in Heller Financial to GE Capital. 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... In business, a subsidiary is a company controlled by another company or corporation. ... Categories: Companies traded on NYSE | General Electric subsidiaries | Corporation stubs ...


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. In addition, Yasuda Trust & Banking, Fuji Bank's affiliated trust company, ran into problems with earnings and credit quality in 1999. Fuji Bank bought a controlling stake in Yasuda Trust, but Fuji couldn't reconstruct Yasuda for itself any longer . November 24 is the 328th day (329th on leap years) of the year in the Gregorian Calendar. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... Yamaichi Securities Co. ... Security is a type of transferable interest representing financial value. ... Tokyo District Court Tokyo District Court (東京地方裁判所; Tōkyō Chihō Saibansho) is a district court in Kasumigaseki, Chiyoda, Tokyo, Japan. ... Mizuho Trust & Banking Co. ... A trust company has been referred to as a near-bank; while technically it differs from a bank in mandate and services offered, it also provides banking services such as chequing accounts, savings and loans, investments and credit cards. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Old Farts by the Sometimes-United Nations. ...


Just in time, Dai-Ichi Kangyo Bank proposed to Fuji its becoming a “white knight” for Fuji. 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 Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), 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. ... Industrial Bank of Japan (日本興業銀行 Nippon Kōgyō Ginkō) was one of the largest banks in the world during the latter half of the 20th century. ... The headquarters of Mizuho Financial Group near the Imperial Palace in Tokyo Mizuho Financial Group, Inc. ... This article is about the year 2000. ...


During the September 11, 2001 Terrorist Attacks on New York, Fuji Bank's United States offices were located at the impact zone of United Airlines Flight 175 in Tower 2. Fifteen Fuji Bank employees died in the attack. The World Trade Center on fire The September 11, 2001 attacks were a series of coordinated terrorist attacks against the United States on September 11, 2001. ... Official language(s) English de facto Capital Albany Largest city New York City Area  Ranked 27th  - Total 54,520 sq mi (141,205 km²)  - Width 285 miles (455 km)  - Length 330 miles (530 km)  - % water 13. ... United Flight 175 crashes into the World Trade Center United Airlines Flight 175 was a morning flight that regularly flew from Logan International Airport in Boston, Massachusetts to Los Angeles International Airport (LAX) in Los Angeles, California (Boston–Los Angeles route). ...


See also


  Results from FactBites:
 
FRB: Press Release -- Approval of application of Fuji Bank, Limited -- July 20, 1999 (1091 words)
Fuji, with total consolidated assets of approximately $486 billion, is the fifth largest banking organization in Japan and the twelfth largest banking organization in the world.
The most recently reported capital ratios of Fuji exceed the relevant risk-based capital standards established under the Basle Accord, and the proposed transaction is not expected to have a material effect on the capital of the consolidated organization.
Fuji has committed that it will conform the real estate activities of HealthCare to the requirements of section 4 of the BHC Act within two years after consummation of the proposal, and will cease making any impermissible real estate investments within six months of consummation of the proposal.
FRB: Press Release -- Approval of application of Fuji Bank, Limited -- June 8, 1998 (1246 words)
Fuji, with total consolidated assets of approximately $453 billion, is the third largest banking organization in Japan.
Fuji has committed that, to the extent not prohibited by applicable law, it will make available to the Board such information on the operations of Fuji and any of its affiliates that the Board deems necessary to determine and enforce compliance with the BHC Act, the IBA, and other applicable federal law.
Fuji has submitted information indicating that the proposal, which is incidental to a corporate restructuring in Japan, would not affect the existing U.S. operations of Fuji, and would require no funding or other support from the U.S. operations of Fuji.
  More results at FactBites »


 

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