Japan

Nomura ups quarterly net profit by 13%

Nomura Holdings Ā posted a 13% net profit rise for the October-December quarter, as it saw gains across its businesses.

Nomura ups quarterly net profit by 13%

Nomura Holdings Ā posted a 13% net profit rise for the October-December quarter, as it saw gains across its businesses.

Japan's Mizuho to hire senior foreign bankers

Mizuho will help domestic companies make acquisitions abroad by utilizing foreign bankers.

Mizuho Financial merges 2 brokerages to bolster operations

Mizuho Securities Co. has been formed by merging two brokerages under Mizuho Financial Group Inc.

Nomura posts net income of $35.3M

Thanks to fixed income operations.

Yoshikawa heads Citigroup's M&A in Japan

Masao Yoshikawa has been appointed to head Citigroup's mergers and acquisitions in Japan.

Japan's giant pension fund eyes private equity investments

Japan's GovernmentĀ Pension Investment FundĀ may venture into alternative assets, suchĀ as private equity funds.

Sumitomo Mitsui to acquire Toyota asset management firm

Sumitomo Mitsui Asset Management Co. will acquire all of the outstanding shares in Toyota Asset Management Co. with an eye on making it a wholly owned subsidiary.

Japanese investors turn to low-risk mutual funds

Investors withdrew a net $2 billion from Japan's domestic equity mutual funds sector in August.

Nomura overseas units to be profitable in 2014: CEO

Nomura Holdings' new CEO plans to make overseas operations profitable by June 2014.

Mitsubishi UFJ pushes new trust product

Mitsubishi UFJ Trust and Banking Corp. hopes to boost sales of a new trust product designed for domestic firms with overseas offices.

Nomura sets sight on Asia

Nomura Holdings may buy an Asian investment bank or broker to tap the regionā€™s economic growth and increasing number of affluent people.

Nomura tempers cost cutting in Europe

Nomura will reduced its cost cutting for Europe, where it lost the most money last year.

Japanese investors to face more losses

Japanese institutional investors face unprecedented losses from interest-rate swings due to the country'sgrowing debt and end more than a decade of deflation.

Sumitomo Mitsui Trust to double assets in property unit

Sumitomo Mitsui Trust Real Estate Investment Management Co. plans to increase its assets from around Ā„225.8 billion to Ā„500 billion within two years.

Japanese trust banks told to monitor investment managers

Japan's trust banks were told by the Financial Services Agency to monitor investment managers and toughen penalties against them for illegal practices.

Japanā€™s Nomura to cut another US$1B from overseas operations

Nomura Holdings is cutting an additional US$1 billion in costs in its overseas operations.