Tag:
Japan
Latest Headlines
Latest Headlines
LIBOR investigation goes global
The extent to which top banks can manipulate interbank offered rates, which are set by panel banks that submit offered rates, has been a big issue recently.
Most of the publicity has centered on LIBOR, but possible TIBOR manipulation has also been an issue. Indeed, regulators in Japan have sai
Goldman execs tell Japan staff to stay put
You can imagine how the radiation crisis in northern Japan has stirred fears at many companies operating in the country. You can't blame Goldman Sachs ( NYSE: GS ) employees for wanting to relocate, if only temporarily, and if only to the Southern Japan, which is farther away from the site of th
Hedge funds end up gaining on Japan
You will not find many hedge funds bragging about making money on the Japan catastrophe right now, but some made bearish bets on the country--and they fared well. Big hedge funds like Hayman Advisors and smaller funds like Commonwealth Opportunity Capital have seen the value of various investments
Morgan Stanley, Mitsubishi UFG ink deal
Joint ventures with foreign partners can be really tough. There was a day when the management literature was full of articles exhorting companies to ink such deals. But the reality has not always matched the rhetoric. These days, foreign joint ventures are out of vogue.
So what to make of Morg
Citigroup's PR disaster in Japan
This is exactly what Citigroup doesn't need right now: Japan's financial regulator has essentially banned the bank from the retail market for a month after uncovering deficient controls related to money laundering. The bank was ordered to revamp its governance, controls and management structure. I
Once again, people wonder if the worst is finally over?
The scale of the government bailout is unprecedented, but there's a big question hanging over it: Will it work? If so, at what cost? It will buy up lots of debt, most likely at a severe discount to par. But will it ever be able to sell it all? Will it be forced to eventually write it down to nothi
Sovereign wealth funds too big now?
Sovereign wealth funds have stormed into the headlines for obvious reasons as of late. Here's a stunning prediction: A Morgan Stanley economist says that the wealth these funds control just might exceed official country reserves. Clearly, they are a force to be reckoned with in the financial
ALSO NOTED: Citigroup reorganizes in Japan; Punk Ziegel analyst cuts Bear Stearns target price; and much more...
Company News:
> Citigroup reorganizes in Japan. Article
> S&P downgrades another bond insurer. Article
> Bear Stearns comfortable with 1Q estimates. Article
> Put traders bet against Bear Stearns. Article
> Bear Stearns stock nothing to crow about
Hedge fund allocations to soar?
What can slow down the hedge fund juggernaut? Well, if the global credit crunch didn't do it, I'm not sure anything can. Hedge Fund Daily reports institutional investors around the world, except Australia, are planning to boost their allocations to hedge funds. North America is leading the pa
SPOTLIGHT: Buyout Firms eye Japan
The Blackstone Group and Carlyle Group have shored up their presences in Japan. Most think that the financial services industry are prime targets. Note Shinsei Bank's deal with J.C. Flowers & Co. Article
(Blackstone Group, Carlyle Group, financial services industry, Japan)
