Daiwa Co Ltd (8247.T)
(The following statement was released by the rating agency) TOKYO/SINGAPORE, May 03 (Fitch) Japan's two largest securities firms, Nomura and Daiwa, remain vulnerable to market volatility and other uncertainties relating to the operating environment, says Fitch Ratings. Both companies are likely to continue to face challenges in the next few quarters after reporting profit declines in the last financial year that were below Fitch's expectations - but not significantly so. Net operating reve
LONDON, April 13 (IFR) - Tony Baldwin, joint head of fixed income for Europe and the Middle East at Daiwa Capital Markets, has taken the decision to leave after 22 years with the company.