1. Show article details.

    MOVES-Metlife, Nomura, Credit Suisse, Macquarie

    Reuters – 11:07 AM ET 09/01/2015

    The following financial services industry appointments were announced on Tuesday. ** METLIFE (MET). The life insurance provider appointed Bharat Kannan, head of employee benefits Asia, as chief distribution officer for Asia. ** GREAT EASTERN. The chief executive of British insurer Aviva's Asian unit has left to become chief executive of Great Eastern.

  2. Show article details.

    Nomura Wrongfully Dismissed American Executive, Court Finds

    DJ Business News – 7:05 AM ET 08/31/2015

    TOKYO-Nomura Securities Co., Japan's largest brokerage, wrongfully dismissed an American managing director during a dispute over compensation for a product he invented while working for the company, the Tokyo District Court ruled. Seth Friedman, who worked in Japan as Nomura's Asia-Pacific head of electronic trading product management according to his LinkedIn page, argued in a suit against Nomura that the company asked him to resign in an attempt to coerce him into...

  3. Show article details.

    MOVES-Lazard, Nomura, Royal London, RBC Global, KBS Realty

    Reuters – 4:14 PM ET 08/25/2015

    The following financial services industry appointments were announced on Tuesday. KBS REALTY ADVISORS. The real estate investment manager named Clint Copulos as vice president of asset management for Portland, Oregon, and Sacramento, California. GLOBAL X MANAGEMENT CO LLC. The provider of exchange-traded funds appointed Brian Diessner as head of sales and Chris Ciompi as head of marketing.

  4. Show article details.

    MOVES-Nomura Asset Management UK Ltd appoints Andreas Koerner

    Reuters – 6:34 AM ET 08/25/2015

    Nomura Asset Management UK Ltd, a subsidiary of Japan's Nomura Holdings Inc (NMR), appointed Andreas Koerner as head of marketing and client relations for Europe, the Middle East and Africa. He replaces Mark Roxburgh, who will retire at the end of August after more than 15 years with the company.

  5. Show article details.

    MOVES- Wells Fargo Capital Finance, BNY Mellon, Nomura

    Reuters – 6:28 AM ET 08/18/2015

    The following financial services industry appointments were announced on Tuesday. WELLS FARGO CAPITAL FINANCE. A unit of Wells Fargo & Co (WFC) named Nick Lawrence managing director for supply chain finance in Europe. BANK OF NEW YORK MELLON CORP (BK). The world's No.1 custody bank appointed Mariano Giralt head of its global tax services operations.

  6. Show article details.

    MOVES-Nomura names Harry Ng head of Nomura Trust Co Singapore

    Reuters – 2:57 AM ET 08/18/2015

    Nomura has hired Harry Ng as head of Nomura Trust Co Ltd and Wealth Planning Strategy & Solutions, Asia ex-Japan. Ng joins Nomura from Julius Baer and will be responsible for managing NTS's client relationships and estate administration activities as well as leading the trustee services business.

  7. Show article details.

    Wall Street's new chat service is deleting problematic messaging

    MarketWatch – 3:17 PM ET 08/14/2015

    For start-up that says it's focused on secure messaging, Symphony has been deleting a lot of its own messaging to the public about what it provides for its financial services clients. The firm has been editing out references on its website to data deletion and its ability to help banks keep their data away from the government. The New York Post has previously reported that Symphony deleted a video from its website that bragged its software could help banks avoid billions in fines...

  8. Show article details.

    Nomura Profit Falls 16% From Previous Quarter

    DJ Business News – 11:05 AM ET 07/29/2015

    Net profit at Nomura Holdings Inc. (NMR) dropped 16% in the April-June period from the previous quarter, when it benefited from a lower effective tax rate. Japan's biggest brokerage said Wednesday its fiscal first-quarter net profit tumbled to¥ 68.7 billion from¥ 82 billion in the January-March period. The latest profit figure was, however, higher than the¥ 19.9 billion the company recorded in the same period a year earlier.

  9. Show article details.

    Nomura's quarterly net profit more than triples on stocks boom

    Reuters – 4:01 AM ET 07/29/2015

    * Q1 net profit 68.7 bln Y vs 55.3 bln avg estimate of 2 analysts. * Retail, asset management business strong. * Wholesale business impacted by weak fixed income. By Junko Fujita. Japanese brokerage Nomura Holdings's (NMR) first-quarter net profit more than tripled as strong demand from customers to trade domestic stocks boosted its commissions.

  10. Show article details.

    Instant-Messaging Company Symphony Seeks New Investment

    DJ Business News – 1:45 AM ET 07/27/2015

    Symphony Communication Services LLC, the instant-messaging software company backed by many of Wall Street's biggest firms, is seeking another investment round that may value the startup at as much as $1 billion, according to people familiar with the matter. The Palo Alto, Calif., company is canvassing a range of potential new investors, including venture-capital funds and additional financial firms that weren't among the 14 that took a stake in Symphony last year, the people...

  11. Show article details.

    MOVES-KKR hires ex-Tokyo bourse head Saito as Japan chairman

    Reuters – 1:12 AM ET 07/22/2015

    Private equity firm KKR & Co (KKR) said on Wednesday it has hired Atsushi Saito, the former chief executive of Tokyo bourse operator Japan Exchange Group Inc (OSCUF), as chairman of its Japan operations. Saito, 75, will assume his new position from August 1, KKR said in a statement.

  12. Show article details.

    MOVES-Barclays, Nomura, HSBC, Permal

    Reuters – 6:23 AM ET 07/21/2015

    The following financial services industry appointments were announced on Tuesday. BARCLAYS PLC (BCS). The bank hired Russell Ballato and Chris Tyrer as senior energy traders to help it raise its presence in the business, according to an internal memo. BLACKROCK INCOME STRATEGIES TRUST PLC.

  13. Show article details.

    Exclusive: U.S. housing regulator paid law firms $373 million to sue banks

    Reuters – 4:45 PM ET 07/16/2015

    The Federal Housing Finance Agency disclosed on Thursday that it paid two law firms over $373 million since 2010 to pursue litigation against several banks over mortgage-backed securities sold to Fannie Mae (FNMA) and Freddie Mac (FMCC) before the financial crisis.

  14. Show article details.

    UBS has whistleblower deal in Brazil currency investigation - paper

    Reuters – 7:42 AM ET 07/03/2015

    Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil's currency market and will receive no punishment in the case, a local newspaper reported on Friday. The investigation, which involves 15 of the world's largest banks, began following the presentation of evidence by UBS, Valor Economico reported, without naming its sources.

  15. Show article details.

    PRESS DIGEST- Financial Times - July 3

    Reuters – 7:58 PM ET 07/02/2015

    The following are the top stories in the Financial Times. Headlines. * BP settlement puts a value on clarity. * RBS faces $13 bln bill, says court filing. * Fiat Chrysler criticised over recalls. Overview. BP Plc (BP) will pay up to $18.7 billion in penalties to the U.S. government and state governments to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago.

  16. Show article details.

    Brazil sees no signs local banks joined currency rigging scheme

    Reuters – 4:41 PM ET 07/02/2015

    A probe by Brazil antitrust watchdog Cade on currency market rigging practices since at least 2007 failed to show any signs of the participation of Brazilian banks in the scheme, an official at the agency said on Thursday.

  17. Show article details.

    Brazil probes currency market activity of 15 global banks

    Reuters – 2:50 PM ET 07/02/2015

    Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets globally.

  18. Show article details.

    Brazil probes currency market activity of 15 global banks

    Reuters – 10:36 AM ET 07/02/2015

    Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets globally.

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