Japan
Nomura ups quarterly net profit by 13%
Nomura Holdings posted a 13% net profit rise for the October-December quarter, as it saw gains across its businesses.
Nomura ups quarterly net profit by 13%
Nomura Holdings posted a 13% net profit rise for the October-December quarter, as it saw gains across its businesses.
Japan's Mizuho to hire senior foreign bankers
Mizuho will help domestic companies make acquisitions abroad by utilizing foreign bankers.
Mizuho Financial merges 2 brokerages to bolster operations
Mizuho Securities Co. has been formed by merging two brokerages under Mizuho Financial Group Inc.
Japan's mega banks suffer from heavy equity losses
Equity portfolios were the culprits.
Nomura posts net income of $35.3M
Thanks to fixed income operations.
Yoshikawa heads Citigroup's M&A in Japan
Masao Yoshikawa has been appointed to head Citigroup's mergers and acquisitions in Japan.
Japan's giant pension fund eyes private equity investments
Japan's Government Pension Investment Fund may venture into alternative assets, such as private equity funds.
Sumitomo Mitsui to acquire Toyota asset management firm
Sumitomo Mitsui Asset Management Co. will acquire all of the outstanding shares in Toyota Asset Management Co. with an eye on making it a wholly owned subsidiary.
Japanese investors turn to low-risk mutual funds
Investors withdrew a net $2 billion from Japan's domestic equity mutual funds sector in August.
Nomura overseas units to be profitable in 2014: CEO
Nomura Holdings' new CEO plans to make overseas operations profitable by June 2014.
Mitsubishi UFJ pushes new trust product
Mitsubishi UFJ Trust and Banking Corp. hopes to boost sales of a new trust product designed for domestic firms with overseas offices.
Nomura sets sight on Asia
Nomura Holdings may buy an Asian investment bank or broker to tap the region’s economic growth and increasing number of affluent people.
Nomura tempers cost cutting in Europe
Nomura will reduced its cost cutting for Europe, where it lost the most money last year.
Japanese investors to face more losses
Japanese institutional investors face unprecedented losses from interest-rate swings due to the country'sgrowing debt and end more than a decade of deflation.
Sumitomo Mitsui Trust to double assets in property unit
Sumitomo Mitsui Trust Real Estate Investment Management Co. plans to increase its assets from around ¥225.8 billion to ¥500 billion within two years.
Japanese trust banks told to monitor investment managers
Japan's trust banks were told by the Financial Services Agency to monitor investment managers and toughen penalties against them for illegal practices.
Japan’s Nomura to cut another US$1B from overseas operations
Nomura Holdings is cutting an additional US$1 billion in costs in its overseas operations.
