TOKYO Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade.
TOKYO, April 19 Japan's Nomura Holdings has no
plan to follow the lead of Wall Street rivals and seek a tie-up
with a commercial lender, its chief executive told Reuters,
pledging to stay independent even as the investment bank faces
its first annual loss in a decade.
TOKYO Mitsubishi UFJ Financial Group is considering scaling back its bond and equity sales and trading operations in London and New York as part of a broader restructuring of its global markets division, two sources said on Tuesday.
TOKYO Japanese lenders should not blame the Bank of Japan's ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the newly appointed head of the country's banking lobby said.
TOKYO U.S. buyout firm Bain Capital is likely to push back the IPO of Toshiba Memory by around two months, a person with knowledge of the matter said on Wednesday, moving to November what is likely to be one of Japan's biggest listings this year.
FRANKFURT/TOKYO Japan's Mitsubishi UFJ Financial Group has agreed to buy the aviation financing business of Germany's DZ Bank as it expands further into the sector and becomes more international.
TOKYO Japan's Daiichi Sankyo Co is exploring the sale of its over-the-counter drugs (OTC) business and has hired JPMorgan to advise on the potential deal, several people with knowledge of the matter told Reuters.
* Bain-led consortium bought Toshiba Memory last year for
TOKYO U.S. private equity firm Bain Capital has picked Nomura and Mitsubishi UFJ Morgan Stanley to manage an initial public offering of Japan's Toshiba Memory, a deal that could happen as early as September, people familiar with the matter said.