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Mitsui Trust Financial Group
, formerly Chuo Mitsui Trust Holdings, Inc., is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides an assortment of financial products to retail and wholesale customers, with a focus on asset management, financial brokerage, and real estate services. Its main operating company is , which is the largest trust company and the fifth-largest bank in Japan measured by assets. The company has no direct capital relationship with the Sumitomo Mitsui Financial Group; the two banking groups are similarly named because both are descended from the historical Sumitomo and Mitsui conglomerates. There is just a weak control relationship between Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Financial Group. In fact SM Trust Holdings controls about 66% of Japan Trustee Services Bank. As of March 31, 2017, SM Financial Group's website reports that Japan Trustee Services Bank owned 5.50% of Sumitomo Mitsui Financial Group, but also 1.52% from trust location n. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nomura Securities
is a Japanese financial services company and a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the group's core business. Nomura is a financial services group and global investment bank. Based in Tokyo, Japan, with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide; it is known as Nomura Securities International in the US, and Nomura International plc. in EMEA. It operates through five business divisions: retail (in Japan), global markets, investment banking, merchant banking, and asset management. Established December 25, 1925 in Osaka, it is the oldest brokerage firm in Japan. It is named after its founder Tokushichi Nomura II, a wealthy Japanese businessman and investor. On May 7, 2001, to plan for Nomura's restructuring as a holding company, the company was established to take over the financial division which was taken eff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information are illegal. The rationale for this prohibition of insider trading differs between countries and regions. Some view it as unfair to other investors in the market who do not have access to the information, as the investor with inside information could potentially make larger profits than an investor without such information. However, insider trading is also prohibited to prevent the director of a company (the insider) from abusing a company's confidential information for the director's personal gain. The rules governing insider trading are complex and vary significantly from country to country as does the extent of enforcement. The definition of insider in one jurisdiction can be broad and may cover not only insiders themselves but also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hokkaido Takushoku Bank
The , generally translated as ''Hokkaidō Development Bank'' (alternatively ''Hokkaidō Colonization Bank'') and also referred to by the shorthands or , was a significant Japanese bank, based in Sapporo, Hokkaidō. It was established in 1899-1900 as a policy institution or "special bank", similarly as Nippon Kangyo Bank (est. 1897), Bank of Taiwan (est. 1897) and Industrial Bank of Japan (est. 1902), with the aim to promote capitalism on the island of Hokkaidō and thus contribute to its defence against the appetites of the Russian Empire. After World War II, Hokkaido Takushoku Bank lost its special bank status and became a commercial bank ("city bank") with main operations in Hokkaidō. In the mid-1980s, it expanded nationwide to become Japan's 10th-largest bank by total assets by 1997. It eventually went bankrupt in November of that year, in one of the most disorderly episodes of the Japanese financial crisis. Policy bank On the announcement of the "agriculture and indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Bank Of Japan
Industrial Bank of Japan, Limited (IBJ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. It was established in 1902 as a policy institution or "special bank", similarly as Nippon Kangyo Bank (est. 1897), Bank of Taiwan (est. 1897) and Hokkaido Takushoku Bank (est. 1900), with the aim to finance strategic industrial sectors. In 2002, IBJ combined with Dai-Ichi Kangyo Bank and Fuji Bank to form Mizuho Financial Group. History The IBJ was founded as a public-sector bank under the ''Industrial Bank of Japan Act'' of 1902, following a period of planning that had been initiated in 1898 by statesman Kaneko Kentarō. The concept was that the bank would issue bonds on Western capital markets and use the proceeds to provide long-term industrial financing, with backing from the Japanese government. IBJ also acted as the trustee in corporate debenture issues - notably, the major Japanese railway company issue of 1906 in L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dai-Ichi Bank
The Dai-Ichi Bank (, ), known from its establishment in 1873 to 1896 as Dai-Ichi Kokuritsu Bank () was a major Japanese bank headquartered in Tokyo. Founded and developed for several decades by Shibusawa Eiichi, it expanded into Korea as early as 1878, and became that country's dominant bank as well as its bank of issue in the early 1900s, before handing over that role to the newly established Bank of Korea in 1909. It remained one of the main Japanese banks together with Mitsubishi Bank, Mitsui Bank, Sumitomo Bank, and Yasuda / Fuji Bank. In 1943, Dai-Ichi Bank merged with Mitsui Bank to form Teikoku Bank (, ). In 1948, Dai-Ichi Bank was spun off again from Teikoku, which retook the Mitsui name in 1954. In 1971, it merged with Nippon Kangyo Bank to form the Dai-Ichi Kangyo Bank, subsequently Japan's largest bank and a predecessor to Mizuho Financial Group. Beginnings In 1872, the Mitsui and Ōno merchant families created the Mitsui-Ōno Joint Bank as a joint venture b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokai Bank
The Tokai Bank was a leading commercial bank in Japan, based in Nagoya. In the second half of the 20th century, it was the dominant bank in the Chūkyō metropolitan area of central Japan, the home of Toyota and other manufacturing firms. Tokai Bank was formed by merger during World War II, and eventually merged in 2000-2002 with Sanwa Bank and Toyo Trust and Banking to form UFJ Bank, a predecessor of Mitsubishi UFJ Financial Group. Overview The Tokai (, namely the Sea of Japan) Bank was established in 1941, before Japan's entry into World War II though well into the Second Sino-Japanese War. It resulted from the merger of three smaller banks of roughly equal size, namely the Ito Bank (est. 1881), Nagoya Bank (est. 1882), and Aichi Bank (est. 1896), all three based in Nagoya. The latter was itself the continuation of the Eleventh National Bank, originally established in 1877 under the system of National Banks in Meiji Japan (not to be confused with a later bank also named A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Trustee Services Bank
, or JTSB, is a trust bank in Japan. JTSB is a joint venture between Resona Bank and Sumitomo Mitsui Trust Holdings, and acts as a subcontracted trustee for both banks to hold their customers' assets, which include pension fund and investment trust assets. Its main competitors are The Master Trust Bank of Japan (controlled by Mitsubishi UFJ Financial Group and Nippon Life Insurance) and Trust & Custody Services Bank (controlled by Mizuho Financial Group). JTSB's SWIFT (ISO 9362) code is JTSBJPJT. In July 2020 JTSB merged with the Trust & Custody Services Bank to form Custody Bank of Japan. History JTSB was established on June 20, 2000, by Daiwa Bank and Sumitomo Trust & Banking Co., Ltd. and began operations on July 25, 2000. Sumitomo Trust transferred part of its trust business and other assets to JTSB in October 2000, and Daiwa followed suit in June 2001. The Mitsui Trust Financial Group invested in JTSB in 2002 and transferred some of its trust operations to JTSB in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
