Nomura Holdings and co-lenders spent nine months before deciding in August to give Ultrasonic a $60 million unsecured credit facility.» Read More
SINGAPORE/ HONG KONG, Sept 19- Nomura Holdings Inc and co-lenders spent nine months poring over the books, sizing up management and even checking out the factory floor at China's Ultrasonic AG before deciding in August to give the Frankfurt- listed shoemaker a $60 million unsecured credit facility.
*SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.
NEW YORK, Sept 12- HSBC Holdings Plc is expected to pay $550 million to resolve a U.S. regulator's claims the bank made false representations in selling mortgage bonds to Fannie Mae and Freddie Mac before the financial crisis, a person familiar with the matter said Friday.
The defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, Nomura Holdings Inc., Royal Bank of Scotland Group Plc, UBS AG and Wells Fargo& Co..
TOKYO, Sept 3- Japanese shares hit a seven-month high on Wednesday, with brokerages leading the gains because of hopes that a cabinet reshuffle by Prime Minister Shinzo Abe will give fresh impetus to his growth-oriented policies.
A statute relied on by the banking regulator to bring this and similar cases on behalf of banks it seized "did not give the FDIC more time to bring claims that would otherwise have been lost," Stanton wrote.
Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded.
Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded, in moves aimed at encouraging wealthy, older Japanese to either spend or pass on their savings before they die.
NEW YORK, Aug 28- A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.
Thailand's junta wants to sell a positive story about its coup saving a troubled economy, but there is little evidence yet of a sustainable recovery.
Singapore's REITs have steadily advanced this year as predictions of higher interest rates went awry, but will yield-chasers stick with the shares?
Japan's economic growth may have collapsed in the second quarter but investors aren't giving up on the market.
China tightened censorship on messaging apps to limit dissent, while it simultaneously emerged that some foreign chat services had been blocked.
Japanese, Korean and Singaporean applications for business visas in India have shot up in the last year. Global Post reports.
*Argentine's default, Portugal bank woe hit financials despite limited exposure. TOKYO, Aug 4- Japanese stocks were flat on Monday after slipping to a one-week low in choppy early trade, as more losses on Wall Street and the conflict in Gaza and Ukraine sapped risk appetite.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Thailand stocks have rallied sharply, but despite high hopes for the new administration's policies, analysts don't expect shares to rise much further.
Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.