Morgan Stanley intends to hire additional bankers in 2016 in order to contend with its rival Nomura. The company failed to present the exact number of staffs being hired.
Citigroup Inc (C.N) is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.
A report by Agence France-Presse (AFP)recounted the difficulties of curbing the links between corporate Japan and the yakuza, and how some of the country's major banks adopted a laissez-faire compliance in eradicating mob ties.
One of the private equity firms focused on information and communication, BV Investment Partners, have exited its investment in Butterfield Fulcrum in favor of Mitsubishi UFJ.