Business Oct 25, 2021

Global banks up pressure on Hong Kong to ease COVID-19 restrictions

Just below 60% of Hong Kong’s population has been fully vaccinated against COVID-19.

Business / Financial Markets | FOCUS Jul 12, 2021

Wall Street’s $6 billion bonanza chilled by China IPO curbs

Bankers say they expect the majority of Chinese IPOs aimed for American exchanges to be suspended or diverted to other venues.

Business / Corporate Jun 9, 2021

Nomura prime brokerage cuts seen sparing little in U.S. and Europe

Word of the retreat is already spreading on Wall Street, as some of Nomura’s prime brokerage employees in New York start to explore other job opportunities.

Business / Corporate Apr 14, 2021

Nomura tightens hedge fund financing after Archegos collapse

The restrictions include curbing leverage for some clients previously granted exceptions to margin financing limits, one person familiar with the situation said.

Business Feb 4, 2021

Across Asia, founders of family-owned businesses seek private equity exit

After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners.

Business / Corporate Dec 3, 2020

Nomura's Asia hiring spree aims to boost wealth and fixed income

"We see the Asia region as becoming more and more important for the global economy,” said the firm's head of global markets for Asia excluding Japan.

Business / Corporate 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. Cost cuts and fees from financing will drive the ...

Business / Corporate Jan 27, 2020

Goldman's diversity pledge won't apply to boards in Asia

As Goldman Sachs Group Inc. moves to increase diversity on corporate boards, the investment bank isn't extending the initiative to a particularly challenged region: Asia. Chief Executive Officer David Solomon revealed last week that starting in July the bank won't handle initial public offerings for ...

Business / Corporate Jan 14, 2020

Goldman readies hiring spree and capital to meet China ambitions

The news swept through Goldman's offices around China, changing everything. On a Friday afternoon in late 2017, an official in Beijing announced that the world's most populous nation would let Wall Street banks expand across its markets. Goldman had spent more than a decade waiting ...

Business / Corporate Jun 3, 2016

Bain, PAG Asia get in line for potential Takata purchase

Bain Capital and PAG Asia Capital are evaluating bids for Takata Corp., joining KKR & Co. among private equity firms with an interest in the Japanese air bag supplier behind a record safety recall, according to people familiar with the matter. Takata's shares surged. The ...