Tag - securities

 
 

SECURITIES

Mitsubishi UFJ Morgan Stanley Securities sold Additional Tier 1 notes from Credit Suisse more aggressively than any other firm in Japan, with its sales making up about two-thirds of the notes taken up, which totaled ¥140 billion in value.
BUSINESS / Companies
Dec 26, 2023
MUFJ securities unit sued again over Credit Suisse AT1 bond losses
Mitsubishi UFJ Morgan Stanley Securities sold more than two-thirds of the Additional Tier 1 notes taken up in Japan.
Morgan Stanley MUFG Securities hopes to record its highest-ever income from Japan in the current fiscal year, and work together with Mitsubishi UFJ Morgan Stanley Securities to overtake Nomura Holdings as the top broker in the country.
BUSINESS / Companies
Dec 25, 2023
Morgan Stanley expects record Japan revenue as BOJ fuels trading
Shift in the nation's monetary policy could spur more client activity, says the CEO of Morgan Stanley MUFG Securities.
Rakuten Securities President Yuji Kusunoki
BUSINESS / Companies
Nov 17, 2023
Rakuten Securities sees payoff from free trading plan after a year
The firm plans to make up for the decrease in domestic stock trading commission fee revenues by expanding its financial services such as margin trading.
Mizuho Financial Group will raise its stake in Rakuten Securities to nearly 50%.
BUSINESS / Companies
Nov 9, 2023
Mizuho said to raise Rakuten Securities stake to almost 50%
The banking group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now.
Yuko Seimei was promoted to president of Monex Group in June, after serving as president of affiliate Monex.
BUSINESS / Companies
Aug 24, 2023
More brokerages name female leadership amid pressure for change
The government wants women to account for at least 30% of board members at firms listed on the Tokyo Stock Exchange's top-tier Prime section by 2030.
Japan Times
BUSINESS / Companies
Jul 4, 2023
Mizuho on U.S. hiring spree with top 10 underwriting goal in sight
The Japanese bank’s U.S. unit plans to recruit more than 100 people for its investment banking and trading business by the end of March next year.
Japan Times
BUSINESS
Jun 23, 2023
Regional banks given business improvement orders over risky bond sales
The Financial Services Agency made the order after judging the institutions hadn't warned customers about the risks of structured bonds.
Japan Times
BUSINESS / Companies
Oct 6, 2022
Mizuho eyes 20% stake in Rakuten Securities for ¥80 billion
The plan comes after Sumitomo Mitsui Financial Group invested in internet financial giant SBI Holdings, heating up competition among Japanese megabanks seeking to poach customers.
Japan Times
BUSINESS / Companies
Sep 29, 2022
Watchdog recommends punishment for SMBC Nikko over alleged manipulation
The measures typically entail temporary business suspensions or orders to improve internal controls, among other things.
Japan Times
BUSINESS / Companies
May 24, 2022
Rakuten prepares to list its securities unit
The firm said a listing for the securities business would help it expand the ecosystem for Rakuten offerings, which range from e-commerce to finance and wireless services.
Japan Times
BUSINESS / Companies
Mar 16, 2022
Scandal rocks Japanese finance as SMBC Nikko staff are arrested
The arrests are a sudden escalation of a situation that's been brewing since at least June, when the Financial Services Agency's enforcement arm raided SMBC Nikko's offices.
Japan Times
BUSINESS / Companies
Dec 28, 2021
Daiwa prepares to boost base pay by 3% or more for first raise in four years
Prime Minister Fumio Kishida has called on firms to agree raises exceeding 3% at Japan's annual labor-management wage negotiations in the spring.
Japan Times
BUSINESS
May 1, 2021
Mizuho Securities sued over alleged racism and stereotyping
Mizuho Securities USA underpaid nonwhite employees based in part on performance reviews 'replete with thinly disguised racial stereotyping,” a lawsuit filed by four former executives said.
Japan Times
COMMENTARY / World
Apr 27, 2021
When the CEO’s son makes $3 million, I worry
Transactions with related parties, which include both relatives of and entities controlled by company insiders, have a long and checkered history.
Japan Times
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 / Companies
Sep 11, 2020
Morgan Stanley fends off JPMorgan to keep top spot in Japan
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.
Japan Times
BUSINESS
Aug 20, 2019
Line and Nomura launch zero-commission online brokerage for Japanese stocks
Line Corp. and Nomura Holdings Inc. said they have launched an online brokerage venture that will charge zero commissions for trading in Japanese shares.
Japan Times
BUSINESS / Companies
Jul 3, 2019
Sony and Daiwa Securities eye ¥20 billion fund to invest in high-tech start-ups
Sony Corp. said Wednesday it will set up a venture fund of around ¥20 billion ($185 million) with a Daiwa Securities Group Inc. unit to invest in prospective startups.
Japan Times
BUSINESS / Companies
Apr 11, 2019
Nomura shares sink as investors flee amid skepticism about revival plans
Nomura Holdings Inc.'s latest attempt to revamp its international business is falling flat with investors, who have never been so downbeat on the stock relative to global peers.
Japan Times
BUSINESS / Companies
Apr 5, 2019
Nomura to reduce outlets in Japan by 20%
Nomura Holdings Inc. said Thursday it will reduce the number of its sales outlets in Japan by at least 30, or 20 percent of its 156 domestic outlets, as part of structural reform measures.

Longform

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