The company’s majority-owned securities joint venture in Shanghai has won more than 300 customers for services including wealth management.
For Takashi Nakamichi's latest contributions to The Japan Times, see below:
"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.
The firm may introduce a minimum 40% of hours to be spent in the office each month, and departments would have discretion within that limit.
The real estate company is preparing to make a tender offer of about ¥100 billion ($960 million), sources say.
The deal is meant to shore up Seiyu’s digital operations with the aid of its new owners as demand for online retail grows in Japan.
Japan has driven a global revival in M&A activity in recent months, as the economy shows early signs of a recovery.
The move contrasts with those of other major banks such as Goldman Sachs Group Inc., which are resuming job cuts.
Net income at Morgan Stanley’s majority-owned securities venture with Mitsubishi UFJ Financial Group grew 5 percent, helping it beat rivals for the fourth straight year.
The revelations come a little over a year after the firm was admonished by the nation’s financial regulator for lax controls.
Despite a change in leader later this month, it has been suggested that Japan Inc. will continue down its current path.