Daiwa Securities, Japan's No 2 brokerage by revenue, gave its Hong Kong office a nasty shock on Wednesday - letting more than 100 employees go in one of the largest lay-offs of bankers in the...
- Sun
- May 26, 2013
- Updated: 4:46am
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Daiwa Securities Group, Japan's second-largest brokerage, said it expected its equities business in Asia excluding Japan to break even by the middle of next year after investing 100 billion yen (...
BOCI and Daiwa Securities fail to agree on whether the firm's profit growth will accelerate or slow
SUMITOMO Bank and Daiwa Securities have agreed to tie up with T Rowe Price Associates and Jardine Fleming in asset management.
Daiwa Securities Co probably will be unable to recover $42 million in loans made to investors backed by shares of Leading Spirit Holding Co, Daiwa Securities said. Shares in Leading Spirit...
A third member of Japan's 'big four' securities companies has funnelled money to corporate racketeer Ryuichi Koike, the Nihon Keizai Shimbun newspaper said.
Shanghai Industrial Holdings pushed towards the $40-mark yesterday, defying the wider market's US-inspired decline.
The investment arm of the Shanghai municipal government added 3.71...
When it comes to Japanese investment in Chinese companies, there has been little progress since 1992 when Japanese investors were first offered shares in a Chinese company.
THE Philippines has approved an application by Japan's Daiwa Bank to set up operations in Manila. It will be the seventh Japanese bank to open in the country.
ANALYSTS have made drastic cuts to profit forecasts for mainland steel giant, Maanshan Iron & Steel (Magang), some saying profits could drop by as much as 84 per cent from the 1994 level.
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