Apr 23, 2015

Daiwa to reboot Asian expansion via stakes in brokerages

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Daiwa Securities Group Inc. is seeking to buy stakes in Asian brokerages as Japan's second-biggest securities house resumes expansion in the region after an earlier effort faltered. Teaming up with peers in Asia will help the company generate more business and income sources abroad, Chief ...

Rogue trader: most illicit deals unnoticed

/ May 7, 2014

Rogue trader: most illicit deals unnoticed

Less than 5 percent of unauthorized financial trading cases may be getting reported, said Toshihide Iguchi, whose trading losses led to the 1995 shutdown of Daiwa Bank Holdings Inc.'s U.S. operations. Allowing traders to "walk away with a clean slate" instead of firing them for ...

SMBC Nikko, Daiwa increase hiring

/ Dec 18, 2013

SMBC Nikko, Daiwa increase hiring

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SMBC Nikko Securities Inc. and Daiwa Securities Group Inc. have increased their hiring targets for university graduates to bolster retail brokerage operations as stocks rally. SMBC Nikko recruited 460 graduates to start in April, 50 more than earlier planned, spokesman Tadataka Ishida said Wednesday. Daiwa, ...

/ Oct 30, 2013

Brokers' profit gains, like stocks, may cool

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Japan's largest brokerages, whose first-half profits soared more than 10-fold as Prime Minister Shinzo Abe's economic stimulus program bolstered investors' appetite for local stocks, may find that the magic is wearing off. Nomura Holdings Inc. reported Tuesday that its second-quarter net income rose to ¥38.1 ...