Nomura Eyes Extra $100 Million Cost Cuts in Wholesale Banking
Nomura Holdings Inc. is aiming for an additional $100 million in cost reductions in its wholesale banking division,
2023-11-29 10:59
Daiwa Announces Share Buyback as Profit Climbs on Retail Business
Daiwa Securities Group Inc.’s profit jumped last quarter as all the main businesses fired for Japan’s second-biggest brokerage.
2023-10-31 16:53
MUFG Brokerage JV Sued in Japan Over Credit Suisse AT1 Sales
Japanese investors sued Mitsubishi UFJ Financial Group Inc.’s joint venture brokerage with Morgan Stanley, showing that the fallout
2023-09-01 08:45
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:22
BOJ Stance to Put Japan Earnings Outlook Under Scrutiny Next Week
Japanese firms will be in the spotlight next week as the yen found fresh support after the Bank
2023-07-28 14:49
Nomura Puts More Money Into Struggling Joint Venture With Line
Nomura Holdings Inc. and Japanese messaging-app operator Line Corp. have invested an additional 3 billion yen ($21 million)
2023-07-04 12:54
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:52