Business / Corporate 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.
Business / Corporate May 18, 2023
Nomura slashes profit targets across board, plans major review
The moves underscore the challenges for Nomura leadership as rate hikes and geopolitical tensions dampen investor sentiment.
Business / Corporate Apr 27, 2023
Nomura profit falls for third straight year under CEO Kentaro Okuda
Muted client sentiment and lackluster deal-making weighed on revenue at the Japanese brokerage while its overseas operations have now lost money in 10 out of the past 12 years.
Business Apr 24, 2023
Citi's Japan clients bet on U.S. and Aussie dollars as Ueda cools BOJ bets
Clients have shifted bets on changes to the Bank of Japan’s ultraeasy policy to as late as the second half of next year.
Business Apr 21, 2023
Credit Suisse AT1 bond writeoff hands $1 billion loss to Japan investors
It’s "regrettable” that the fallout from Credit Suisse’s woes affected investors in Japan, Finance Minister Shunichi Suzuki said.
Business / Corporate Apr 13, 2023
Mizuho warned over setting low IPO prices in blow to issuers
The warning suggests the government is getting more serious about removing what it sees as obstacles to its plan to turbocharge Japan’s startup ecosystem.
Business / Corporate Mar 29, 2023
Japan’s Dai-ichi Life turns $260 billion portfolio toward JGBs
Dai-ichi was among the biggest holders of foreign bonds as a result of the BOJ’s decadelong stimulus drive, but now is increasing investments in superlong government bonds.
Business / Corporate Mar 28, 2023
Nomura cautious on Credit Suisse hiring as rivals grab talent
While Japan’s biggest brokerage could end up getting some Credit Suisse bankers as it continues to invest in its businesses, it isn’t "systematically” targeting the Swiss bank’s employees.
Business / Corporate Feb 8, 2023
Nomura to boost pay raises as workers face highest inflation since 1981
Nonmanagerial staff in their 20s and 30s at Japan's biggest brokerage will receive a slightly higher raise than the 6.2% average seen over recent years, the company said.
Business / Economy Feb 2, 2023
Having a woman in BOJ’s top brass would help Japan's diversity push: ex-board member
Economists increasingly expect a female candidate to be in one of the BOJ’s most senior positions this spring after the central bank undergoes a leadership change.