Posts Tagged ‘ Financial Group ’

Mizuho Securities eyes emerging Asia

May 8, 2009
Mizuho Securities eyes emerging Asia

Mizuho Securities Co., created Thursday through the merger of securities businesses affiliated with Japan’s second-largest bank by revenue, said it is seeking to open branches in emerging markets in Asia. Mizuho Securities aims to establish offices in Seoul, Ho Chi Minh City, Taipei and Malaysia to offer broking services for Japanese and Asian companies, and [...]

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TV ads add pressure on Chinalco-Rio deal

March 18, 2009

The Bank of Japan (BOJ) said it may buy subordinated loans from banks for the first time to revive lending and replenish capital depleted by falling stock prices. The central bank is considering the purchase of up to ¥1 trillion (US$10 billion) of the debt in an “exceptional” step, it said in a statement in [...]

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Japan ‘pulling out all stops’ to avert bankruptcies

March 12, 2009
Japan ‘pulling out all stops’ to avert bankruptcies

A share prices board in Tokyo on March 9. Japan’s financial regulator will make unprecedented inspections of banks to avert a loan drought that would increase bankruptcies, as real estate manager Pacific Holdings Co. collapsed after failing to raise funds. The Financial Services Agency will visit Japan’s biggest lenders, including Mitsubishi UFJ Financial Group Inc. [...]

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Stanford CFO declines to cooperate in fraud probe

March 3, 2009

James M. Davis, the second-highest ranking executive at the Stanford Financial Group of companies, refused to cooperate in the US investigation of an alleged US$8 billion Ponzi scheme at the firms. “I hereby assert my privilege against self-incrimination under the Fifth Amendment of the US Constitution and decline to testify or provide an accounting,” Davis [...]

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Finance market down, enterprises return to core business fields

February 18, 2009
Finance market down, enterprises return to core business fields

VietNamNet Bridge – When the finance market was hot, businesses rushed to jump into finance investments. As the market has fallen, they have realized that they need to gather strength in key business fields. Enterprises have been asked to gather strength on main business fields instead of financial investmentsThe story of the Refrigeration Engineering Enterprise [...]

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Posted in In depth, Reports | Comments Off

Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...