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 ...