Hints and tips:
...And, in doing so, the Japanese bank was betting on the future behaviour of corporations around the world....
...In recent decades, buyout groups such as Blackstone, KKR, Apollo and TPG have transformed from clubby partnerships into publicly traded corporations with large public market valuations....
...Ting Lu, chief China economist at Nomura, points to data from the China Real Estate Information Corporation (CRIC), which shows sales volumes at the country’s top 100 developers fell by a third in June year...
...Its asset management arm, alongside EQT, bought the pharmaceutical group Parexel from Pamplona in November....
...Slowing growth, rising rates and a weak yen mean less demand for local corporations for cross-border mergers and acquisitions, another area Nomura has been betting on for growth....
...Nomura, Japan’s biggest brokerage, and another US bank also decided against participation. All three banks and ispace declined to comment....
...“Growing numbers of asset allocators value diversity as an investment consideration,” said Chris Vilburn, head of Asia Stewardship at Goldman Sachs Asset Management....
...From Nomura: But there’s another way to look at it, as Adam Ozimek of the Economic Innovation Group pointed out to us. The chart above is of rent growth, but rent levels matter too....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...Under the pro-governance push of Abenomics, Japanese corporations were under mounting pressure to unload the colossal portfolios of cross-shareholdings — mutually held stakes that critics say had long granted...
...We’ve been able to prove that this is actually a very, very high performing asset class because the yields are high with very low losses, given the short duration nature of the asset class....
...He was most recently chief risk officer at WSFS Financial Corporation. Smart reads Sale pending The US government has swiftly seized a treasure trove of assets from Russian oligarchs....
...Matthew Chamberlain, head of the London Metal Exchange, is stepping down to lead the Nomura-backed crypto custody start-up Komainu....
...The filings also show a complex web of personal asset management firms — ranging from Son Estate, Son Holdings to Son Corporation and Son Asset Management — the SoftBank boss uses to expand his financing...
...The banks dumped their shares, suffering more than $10bn in losses — including $5.4bn for Credit Suisse and $2.9bn for Nomura....
...Credit Suisse and Nomura have lately grabbed headlines for all the wrong reasons....
...asset) is the obvious thing to do....
...Systemwide losses from the collapse have now reached $10bn, with Nomura’s latest estimate for its worst-case losses now at $2.9bn....
...Keefe, Bruyette & Woods and Nomura Securities, which is among Lionheart Acquisition’s top shareholders, are listed as financial advisers....
...While Mitsubishi has yet to release its guidance for the year ending in March 2021, brokerage Nomura already expects Itochu to overtake its rival in terms of net profit....
...He joins its Chicago office from Nomura, where he served as managing director and head of diversified industrials....
...A debt moratorium is “like hiding a body under the carpet”, said Aurodeep Nandi, an economist at Nomura. “Sure you can’t see it, but the body is still there....
...The arrangement worked so well that succession is all but unthinkable at the $414bn asset manager....
...Via the FT’s Frankfurt bureau chief Martin Arnold: Dickie Hodges, a portfolio manager at Nomura Asset Management, said he bought Italian 30-year bonds following the downgrade, betting that it would provoke...
...Nomura expects the government to miss this target, estimating that the deficit will widen to 3.7 per cent....
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