Tag - brokerages

 
 

BROKERAGES

Japan Times
BUSINESS
Feb 21, 2020
Morgan Stanley charts ambitious course with $13 billion E-Trade deal
Morgan Stanley said Thursday it will buy discount brokerage E-Trade Financial Corp. in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
Japan Times
BUSINESS / Companies
Feb 19, 2020
Nomura is finally making money from Asia investment banking
Nomura Holdings Inc.'s investment banking business in Asia is set to return to profit this fiscal year after more than a decade of losses since its Lehman Brothers Holdings Inc. acquisition, according to its division chief.
Japan Times
BUSINESS
Feb 6, 2020
Goldman Sachs poised to enter Japan wealth management business
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said.
Japan Times
BUSINESS / Companies
Feb 5, 2020
Nomura pushes ahead with China hiring, says virus outbreak may slow plans
Nomura Holdings Inc. is moving forward with plans to hire wealth managers for its new China operation, though the outbreak of the new coronavirus threatens to slow the expansion, according to an executive overseeing the project.
Japan Times
BUSINESS / Markets
Jan 28, 2020
Price war between online brokerages prompts scrutiny from Japanese regulator
A fierce price war among Japan's online brokerages is starting to draw regulatory attention.
Japan Times
BUSINESS
Jan 20, 2020
Nomura hiring dozens to expand wealth-management drive to rest of Asia
Nomura Holdings Inc. plans to hire dozens of private bankers in Hong Kong and Singapore in a bid to extend its wealth management push from Japan and mainland China to the rest of Asia.
Japan Times
BUSINESS / Companies
Jun 12, 2019
In wake of info leak, Nomura Holdings shareholders urged to reject CEO's re-election bid
Nomura Holdings Inc. shareholders should vote against the reappointment of its long-standing chief executive officer after Japan's biggest brokerage was penalized for leaking market-sensitive information, according to Institutional Shareholder Services Inc.
Japan Times
BUSINESS / Companies
May 24, 2019
Nomura CEO to take 3-month pay cut over leak of information about Japan stock market changes
Nomura Holdings Inc.'s CEO will take a pay cut to assume responsibility for improper handling of stock market information by employees.
Japan Times
BUSINESS / Companies
May 16, 2019
Daiwa targets younger investors with new online brokerage unit
Daiwa Securities Group Inc., Japan's second-biggest brokerage, unveiled plans to start a unit focused on mobile services as early as next year to win younger clients.
Japan Times
BUSINESS / Companies
Apr 22, 2019
Nomura Holdings CEO Koji Nagai vows to cut costs and keep struggling brokerage independent
Nomura Holdings Inc.'s chief executive vowed to keep Japan's biggest brokerage independent and quickly implement his latest turnaround plan as a slumping share price puts the question of a potential merger in focus.
Japan Times
BUSINESS / Companies
Apr 11, 2019
Nomura shares sink as investors flee amid skepticism about revival plans
Nomura Holdings Inc.'s latest attempt to revamp its international business is falling flat with investors, who have never been so downbeat on the stock relative to global peers.
Japan Times
BUSINESS / Economy
Mar 14, 2019
Brokerages brace for Japan's longest market shutdown since WWII
Brokerages are taking steps to help relieve at least some investors worried about getting trapped by the country's unusually long holiday next month related to the Emperor's succession.
Japan Times
BUSINESS
Feb 26, 2018
Competition for new college graduates pushes up pay at Japan's securities firms
Major brokerages are set to raise pay for newly hired college graduates this year as competition for talent intensifies, amid a rebound in retail business and a chronic labor shortage.
Japan Times
BUSINESS / Markets
Feb 8, 2018
Nomura apologizes to investors burned in bet against VIX ‘fear index’
Nomura Holdings Inc. issued an apology after investors in a $300 million product betting on low volatility were all but wiped out during this week's stock market turmoil.
BUSINESS / Companies
Jan 30, 2018
Nomura hires bankers from Bank of America, UBS and Jefferies in U.S. expansion
Nomura Holdings Inc. has hired 15 investment bankers in the U.S. from firms including Credit Suisse Group AG, Bank of America Corp. and Jefferies Group LLC as the trading house builds out its North American business.
Japan Times
BUSINESS
Jan 30, 2018
Bible of Japanese stocks gets hot, suggesting nation's brokerages will prosper
Things are looking up for Japan's biggest brokerages, if demand for a well-known stock handbook is any guide.
Japan Times
BUSINESS / Companies
Dec 29, 2017
Nomura CEO targets U.S. in push that could include acquisitions, and puts European ranks on notice
Nomura Holdings Inc. is getting serious about shedding its perennial underdog status in the U.S.
BUSINESS / Companies
Nov 2, 2017
Nomura expected to shut London proprietary trading unit and lose four top managers: sources
Having struggled recently to make money from overseas trading, Nomura Holdings Inc. will shut a loss-making proprietary unit in London and four of the group's top managers may leave, according to people with knowledge of the matter.
Japan Times
BUSINESS
Jul 19, 2017
Japan brokerages face industry audit in wake of Nomura breach
Japanese securities firms face an inspection by the industry association into their compliance with insider rules after Nomura Holdings Inc. discovered it breached laws governing the handling of nonpublic information.

Longform

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