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. The Japan Securities Dealers Association's new chief pledged to examine how firms train and educate ...
Nomura Holdings Inc. has picked Frankfurt to be the headquarters of its European Union operations after the U.K. leaves the bloc, people with knowledge of the matter said. Japan's biggest brokerage will start preparations this month to form a base in the German financial center, ...
Daiwa Securities Group Inc. has no plans to form a capital alliance with a major banking group, President and Chief Executive Officer Seiji Nakata, said in a recent interview. No capital alliance will be formed with any banking group "at least while I'm president and ...
The nation's top three brokerages are cutting back on graduate hires as household investors continue to shun the stock market, squeezing their retail business. The total number of planned graduate hires in 2018 by Nomura Holdings Inc., Daiwa Securities Group Inc. and SMBC Nikko Securities ...
Nomura, Japan's top investment bank, has hired England rugby union coach Eddie Jones to impart his wisdom on leadership and teamwork to its clients in Europe. Australian Jones, who has overseen a record-equaling revival for England since taking over as coach after the team's early ...
Mizuho Financial Group Inc., the mega-bank that added dozens of stock analysts and salesmen in the past year, is seeking to loosen Nomura Holdings Inc.'s stranglehold on the nation's potentially lucrative yet elusive retail brokerage business. Tokyo-based Mizuho wants to overtake Nomura as the nation's ...
The securities watchdog will boost monitoring of health-care stocks for possible insider trading after increasing leaks of information that has the power to move markets, according to the top official of the Securities and Exchange Surveillance Commission. The SESC will step up scrutiny of trading ...
A Japanese startup is entering the equity research business in a bid to challenge the dominance of securities firms by using computers to crunch vast troves of information and predict companies' earnings. Nowcast Inc., a financial-technology venture formed last year out of the University of ...
Citigroup Inc. plans to move its Japan headquarters from Tokyo's Shin-Marunouchi Building to a new location nearby that will bring its brokerage and banking divisions together in the city's financial district. The U.S. bank is relocating to achieve "efficiency," said Mika Nemoto, a Tokyo-based spokeswoman. ...
Nomura Holdings Inc. cut pay for its top executives by 18 percent to the lowest level in three years after profit at Japan's biggest brokerage slumped and losses abroad swelled. The seven executives, including Chief Executive Officer Koji Nagai, were awarded an average of ¥166.4 ...
Nomura Holdings Inc., Japan's biggest brokerage, said it slid to its first quarterly net loss since 2011 as its wholesale division fell into the red, its retail division weakened and its overseas operations lost money for a sixth straight year. Two weeks after it warned ...
Nomura Holdings Inc., the nation's largest brokerage, plans to shut down its European equity operations as it cuts costs after years of failing to become profitable overseas, a person with knowledge of the matter said. The Tokyo-based securities firm will shutter equity research, sales, trading ...
