Daiwa Securities takes a 15% stake in Aozora Bank (Communities - News & Events)
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Item ID 3872759 in Category: Communities - News & Events
Daiwa Securities takes a 15% stake in Aozora Bank | |
The move comes as the bank's benefits have been slow, mostly because of a disintegration in the US housing market. The bank expects to revamp its administration with assets from Daiwa Protections and reinforce its M&A and land exercises by utilizing Daiwa Protections' ability and client organizations. "As the interest for adventure supporting increments step by step, we will build our funding to send assets to this area," Hideto Omi, leader of Aozora Bank, told a news meeting that day. Around the same time, the bank revealed a total deficit of ¥49,904 million for the monetary year finished in Spring, placing it in the red without precedent for 15 years. | |
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2024-10-31 (0.425 sec)