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RKUNF / Rakuten Bank Sees Edge Over Rivals

Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says CEO of the Japanese online lender. A rise in short-term rates would have an immediate benefit for the newly listed bank given that most of the loans and other assets on its books have adjustable rates, Rakuten Bank CEO Hiroyuki Nagai tells Bloomberg News' Taiga Uranaka in an exclusive interview. Read More

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Rakuten

Bank

Sees

Edge

Over

Rivals

Stock

RKUNF

Posted: Aug 7 2023, 19:05

Author Name: Bloomberg Markets and Finance

RKUNF News

By Reuters
August 13, 2023

Rakuten shares jump as mobile losses narrow

Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongsid

By Bloomberg Markets and Finance
August 7, 2023

Rakuten Bank Sees Edge Over Rivals

Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says C

By Seeking Alpha
July 11, 2023

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

I am positive on Rakuten Group, Inc.'s recent portfolio restructuring moves, which I think could narrow the valuation discount assigned to the company

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