Tag - brokerages

 
 

BROKERAGES

Japan Times
BUSINESS / Companies
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.
Japan Times
BUSINESS / Companies
Apr 8, 2021
Japanese regulators heightening scrutiny over high-risk trades after Archegos collapse
The Financial Services Agency and the Bank of Japan will scrutinize how financial institutions that incurred losses had been managing transaction risks.
Japan Times
BUSINESS
Apr 3, 2021
Seduced by Archegos' growth, Nomura took a chance on Sung Kook Hwang comeback
Hwang's appetite for huge bets on technology, media and other company stocks in the United States and Asia proved too lucrative for Nomura to resist.
Japan Times
BUSINESS / Companies
Mar 31, 2021
Nomura CEO Kentaro Okuda’s honeymoon ends with $2 billion Archegos losses
The $2 billion claim on a single client risks largely erasing Nomura's pretax profits for the second half of the year, according to a Jefferies Financial Group report.
Japan Times
BUSINESS / Markets
Mar 29, 2021
Nomura’s loss warning said to be tied to Archegos selloff
Nomura said in a statement on Monday that the estimated amount of the claim against the U.S. client was about $2 billion.
Japan Times
BUSINESS / Companies
Mar 15, 2021
Nomura to expand structured finance in private markets push
A new team will look beyond stock offerings, corporate debt issuance and other more conventional areas of corporate finance to drive growth.
Japan Times
BUSINESS / Companies
Feb 24, 2021
Bitcoin bet sparks rally at Japan’s most expensive brokerage
Bitcoin's fivefold jump in the past year has come amid a flood of money pumped into the global financial system during the coronavirus pandemic.
Japan Times
BUSINESS / ANALYSIS
Jan 30, 2021
GameStop's 'Reddit rally' puts scrutiny on social media forums
Social media services restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
Japan Times
BUSINESS / Markets
Jan 29, 2021
Trading curbs by Robinhood reverse GameStop rally, angering upstart traders
Investors claimed that the very apps that had democratized trading — Robinhood in particular — were now doing the bidding of Wall Street.
Japan Times
COMMENTARY / World
Jan 29, 2021
GameStop's ‘French Revolution’ is a crypto-farce
If WallStreetBets is checkmate for old-school finance, then surely they'd want to win fair and square.
Japan Times
BUSINESS / Companies
Dec 22, 2020
Nomura’s China venture is winning more clients than expected
The company's majority-owned securities joint venture in Shanghai has won more than 300 customers for services including wealth management.
Japan Times
BUSINESS / Companies
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 / Companies
Dec 2, 2020
Nomura to introduce permanent flexible work for Japan staff
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.
Japan Times
BUSINESS / Companies
Oct 26, 2020
Nomura seeks M&A bankers as Japan deals surge during pandemic
Japan has driven a global revival in M&A activity in recent months, as the economy shows early signs of a recovery.
BUSINESS / Companies
Oct 23, 2020
MUFG rules out more job cuts at Asia brokerage after restructuring
The move contrasts with those of other major banks such as Goldman Sachs Group Inc., which are resuming job cuts.
Japan Times
BUSINESS
Oct 21, 2020
Japan plans hub for foreign brokers to file paperwork in English
The one-stop venue could start operating as soon as next spring, with English-language filing to begin before that in early 2021 via the Financial Services Agency.
Japan Times
BUSINESS / Companies
Sep 10, 2020
Data on corporate clients was leaked to securities firm, Nomura admits
The revelations come a little over a year after the firm was admonished by the nation's financial regulator for lax controls.
Japan Times
BUSINESS
Jun 7, 2020
Nomura to rethink office space as new CEO seeks deeper cuts
Nomura Holdings Inc.’s use of office space is part of a sweeping review ordered up by its new chief executive as the brokerage looks to shave costs in the wake of the coronavirus pandemic.
Japan Times
BUSINESS / Companies
Mar 28, 2020
Nomura's new CEO faces tough initiation juggling overhaul and virus
It was supposed to be a smooth transition for Nomura Holdings Inc.'s new boss. Then the coronavirus struck.
Japan Times
BUSINESS / Markets
Mar 9, 2020
Asia's stuck-at-home millionaires boost trading at private banks
Asia's super rich suddenly have lots of time on their hands.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building