Tag - smbc-nikko

 
 

SMBC NIKKO

SMBC Nikko Securities has set up an alumni organization for former employees to interact and share their experiences.
BUSINESS / Companies / FOCUS
Mar 4, 2024
As more move midcareer, Japan firms tap former hires with alumni networks
As well as seeking business opportunities, companies also recognize the value of rehiring individuals with expertise and skills gained elsewhere.
Japan Times
BUSINESS / Companies
Feb 13, 2023
SMBC Nikko fined ¥700 million over market manipulation
The firm received an additional penalty of some ¥4.4 billion, while a former executive officer was given a suspended prison sentence.
Japan Times
BUSINESS / Companies
Oct 31, 2022
SMBC Nikko posts record loss on market rigging fallout
The firm signaled personnel changes are in the works, and wasn't optimistic that business will bounce back quickly.
Japan Times
BUSINESS
Oct 7, 2022
Sumitomo Mitsui punished for market-rigging at brokerage arm
The financial watchdog also ordered SMBC Nikko to suspend operations related to block offers for three months, in a fresh blow to the company's reputation.
Japan Times
BUSINESS / Companies
Oct 3, 2022
SMBC Nikko’s issues let small firms grab credit market share
Tokai Tokyo Securities and Shinkin Securities moved up in the league tables in the first half of the financial year that started April, surpassing SMBC Nikko, data shows.
Japan Times
BUSINESS / Companies
Sep 29, 2022
Watchdog recommends punishment for SMBC Nikko over alleged manipulation
The measures typically entail temporary business suspensions or orders to improve internal controls, among other things.
Japan Times
BUSINESS
Sep 24, 2022
SMBC Nikko to face administrative penalties over stock manipulation
Based on the recommendation, the Financial Services Agency is expected to impose penalties on the firm, including an order for the company to suspend part of its operations.
Japan Times
BUSINESS / Companies
May 25, 2022
SMBC Nikko’s bond business dives in value after alleged market manipulation
A scandal has damaged the firm just as issuers and investors are increasingly adopting environmental, social and governance targets into their business strategies.
Japan Times
BUSINESS
Apr 12, 2022
Japan SESC files more charges against SMBC Nikko and executives
SMBC Nikko said it sincerely apologizes for causing trouble and concern, and will cooperate with investigations and make efforts to regain trust.
Japan Times
BUSINESS / Companies
Mar 23, 2022
Tokyo prosecutors to indict SMBC Nikko for alleged market manipulation: report
The move against the unit of Sumitomo Mitsui Financial Group Inc., the country's No. 2 lender, will be a blow to one of Japan's biggest brokerages and its second-largest megabank.
Japan Times
BUSINESS / Companies
Mar 16, 2022
Scandal rocks Japanese finance as SMBC Nikko staff are arrested
The arrests are a sudden escalation of a situation that's been brewing since at least June, when the Financial Services Agency's enforcement arm raided SMBC Nikko's offices.
Japan Times
BUSINESS / Companies
Dec 17, 2019
Japanese securities firm SMBC Nikko to offer option of three-day workweek
SMBC Nikko Securities Inc. is planning to introduce in fiscal 2020 a system that allows employees to work three or four days a week, according to President Yoshihiko Shimizu.
Japan Times
BUSINESS
May 26, 2017
Why ex-Goldman trader shunned hedge funds for a Japan broker
As the biggest earthquake ever recorded in Japan rocked the Roppongi Hills skyscraper in central Tokyo, Makoto Yamada put on his helmet, dropped to his knees, and traded.
Japan Times
BUSINESS / Companies
Apr 18, 2016
Sumitomo Mitsui hires banking veteran Gelber to lead U.S. push
Sumitomo Mitsui Financial Group Inc. has formed an investment-banking group in the United States, part of a push to expand its mergers advisory business even as competitors from Nomura Holdings Inc. to Goldman Sachs Group Inc. move to curtail costs.
BUSINESS / Companies
Jul 9, 2015
SMBC Nikko aims to hire rare experts to manage riskier bank debt
Sumitomo Mitsui Financial Group Inc. is seeking as many as six new hires for a team specializing in underwriting bonds issued by banks that would insulate taxpayers from costs if the lenders later fail.
Japan Times
BUSINESS / Companies
Mar 6, 2015
Nomura, SMBC Nikko boost graduate hiring as stocks gain
Nomura Holdings Inc. and SMBC Nikko Securities Inc. accelerated hiring of university graduates this year as the stock market rally brightens prospects for securities firms.

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