thejapantimes, 9 days ago to business

Nomura Holdings has set its its sights on almost doubling its pretax profit by the end of the decade, as its Chief Executive Officer Kentaro Okuda seeks to build on last year’s earnings revival. https://www.japantimes.co.jp/business/2024/05/14/companies/nomura-growth-plan/ #business #companies #nomura #brokerages #investments

thejapantimes, 16 days ago to business

Nomura Holdings is targeting 20% revenue gains for its global markets unit over the next few years as the Japanese brokerage moves past close to a $3 billion hit from the Archegos Capital Management scandal with new initiatives to spur growth. https://www.japantimes.co.jp/business/2024/05/07/companies/nomura-revenue-target/ #business #companies #nomura #brokerages

thejapantimes, 20 days ago to business

Nomura Holdings and Mizuho Financial Group are facing more than $100 million of potential losses tied to a series of failed stock trades made by investment fund All Blue Capital. https://www.japantimes.co.jp/business/2024/05/03/companies/nomura-mizuho-face-losses-all-blue-capital-trading/ #business #companies #banks #brokerages #mizuho #nomura #us #allbluecapital #stocks #investments

thejapantimes, 1 month ago to business

A prolonged market slump hitting trading commissions as authorities tighten limits around what research analysts are allowed to publish has led to a stark turnaround for China's star brokerage analysts, who just years ago were offered lucrative compensation. https://www.japantimes.co.jp/business/2024/04/17/companies/analyst-jobs-china-research-pullback/ #business #companies #jobs #china #brokerages

thejapantimes, 1 month ago to business

All eyes are on Japan. Investors are hankering for more insights into Japan's market, which is becoming a hot destination for fund flows, and Wall Street banks are responding. https://www.japantimes.co.jp/business/2024/04/12/companies/global-banks-respond-to-interests-in-japan-stocks/ #business #companies #banks #stocks #investments #brokerages

thejapantimes, 1 month ago to business

Rakuten Group has said it will consider combining its financial units to promote collaboration. https://www.japantimes.co.jp/business/2024/04/01/companies/rakuten-might-combine-financial-units/ #business #companies #rakuten #banks #brokerages

thejapantimes, 1 month ago to business

Japan's corporate groups are competing to expand their spheres of influence by enticing customers with a variety of services, often bolstered by reward points, primarily geared toward shopping purposes. https://www.japantimes.co.jp/business/2024/03/25/companies/japan-firms-point-reward-service/ #business #companies #rakuten #docomo #telecoms #brokerages

thejapantimes, 3 months ago to business

Driven by a new tax-exempt retirement savings system, the number of accounts opened at five major Japanese securities firms in January increased by over 900,000, significantly boosting the stock market. https://www.japantimes.co.jp/business/2024/02/09/companies/brokerages-accounts-surge/ #business #companies #brokerages #stocks #investments

thejapantimes, 4 months ago to business

SBI Holdings' brokerage arm was temporarily banned from some trades related to initial public offerings after Japan’s financial regulator said it manipulated stocks, in the country’s second major trading scandal in recent years. https://www.japantimes.co.jp/business/2024/01/13/companies/japan-biggest-online-brokerage-punished/?utm_content=buffer1c790&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #sbi #brokerages #ipo

thejapantimes, 4 months ago to business

A group of 26 Japanese investors has sued Mitsubishi UFJ Financial Group’s joint brokerage venture with Morgan Stanley in the latest litigation over losses on Additional Tier 1 bond notes, Credit Suisse’s riskiest debt which became worthless following a write-down. https://www.japantimes.co.jp/business/2023/12/26/companies/mufg-brokerage-jv-sued/?utm_content=buffer5279b&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #mitsubishiufjmorganstanleysecurities #mufg #banks #brokerages #japanesecourts #creditsuisse

thejapantimes, 4 months ago to business

Morgan Stanley MUFG Securities could see its biggest year in terms of revenue, with BOJ hints of exiting negative interest rates fueling trading activity, CEO Alberto Tamura says. https://www.japantimes.co.jp/business/2023/12/25/companies/morgan-stanley-expects-record-japan-revenue/?utm_content=buffer2b43e&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #morganstanleymufgsecurities #brokerages #tokyo #investments

thejapantimes, 5 months ago to business

Nomura Holdings is aiming for an additional $100 million in cost reductions in its wholesale banking division, as Japan’s largest brokerage seeks to lift its performance. https://www.japantimes.co.jp/business/2023/11/29/companies/nomura-wholesale-banking-cost-cutting/?utm_content=buffer6b6ba&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #nomura #brokerages #stocks #investments

thejapantimes, 6 months ago to business

Mizuho Financial Group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now. https://www.japantimes.co.jp/business/2023/11/09/companies/mizuho-raises-rakuten-stake/?utm_content=buffer2fd9a&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #mizuho #rakuten #brokerages #banks #investments

thejapantimes, 7 months ago to business

Nomura Holdings has hired five traders to beef up its emerging markets trading desk with a focus on the Middle East, as Japan’s biggest brokerage seeks to revive profitability. https://www.japantimes.co.jp/business/2023/10/10/companies/nomura-hiring-middle-east/?utm_content=buffer66377&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #nomura #brokerages #middleeast

thejapantimes, 7 months ago to business

NTT Docomo said Wednesday that it will make online brokerage firm Monex a consolidated subsidiary in January next year. https://www.japantimes.co.jp/business/2023/10/05/companies/docomo-brokerage-unit/?utm_content=buffer95475&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #nttdocomo #monex #brokerages

thejapantimes, 7 months ago to business

SBI Holding's decision to scrap commission fees for domestic stock trading is shaking up the brokerage industry in Japan, with the move threatening to undercut profitability. https://www.japantimes.co.jp/business/2023/10/02/markets/sbi-zero-comission/?utm_content=buffer36c54&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #stocks #ecommerce #rakuten #investments #brokerages #sbi

thejapantimes, 7 months ago to business

Japanese brokerages are gearing up to offer more alternative assets to the nation’s wealthy, who are increasing in numbers even as the overall population falls and own an unprecedented ¥364 trillion in financial assets. https://www.japantimes.co.jp/business/2023/09/20/brokerages-wealthy-customers-assets/?utm_content=buffer046f4&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #investments #brokerages #realestate #stocks

thejapantimes, 8 months ago to business

Japanese investors have sued Mitsubishi UFJ Financial Group’s joint venture brokerage with Morgan Stanley, showing that the fallout from losses on Credit Suisse’s riskiest debt continue to reverberate. https://www.japantimes.co.jp/business/2023/09/01/markets/mufg-brokerage-at1-sued/?utm_content=buffer016ce&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #creditsuisse #investments #bonds #mufg #brokerages #morganstanley

thejapantimes, 8 months ago to business

Female presidents have been placed at the helm of Japanese brokerage firms in a series of appointments, reflecting increased momentum for gender diversity in managerial ranks in Japan. https://www.japantimes.co.jp/business/2023/08/24/companies/japan-brokerages-female-presidents/?utm_content=buffer65f59&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #brokerages #monex #tokaitokyosecurities #yukoseimei #naokokitagawa #women039sissues

thejapantimes, 8 months ago to business

Nomura Securities International has agreed to pay $35 million as part of a nonprosecution agreement with the U.S. over residential mortgage-backed securities trading fraud dating back more than a decade. https://www.japantimes.co.jp/business/2023/08/23/nomura-us-securities-fine/?utm_content=buffer6a721&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #nomura #brokerages #fraud #us

thejapantimes, 9 months ago to business

Japan’s biggest brokerage Nomura Holdings has hired a computer-generated influencer to advertise tax-free investing accounts as it tries to attract a younger generation of retail clients. https://www.japantimes.co.jp/business/2023/08/04/nomura-virtual-influencer/?utm_content=buffer76d7f&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #nomura #brokerages #investments #socialmedia #imma

thejapantimes, 9 months ago to business

Nomura Holdings shares dropped the most in more than two years after Japan’s biggest brokerage posted lower-than-estimated profit on weakness in its wholesale business and another loss abroad. https://www.japantimes.co.jp/business/2023/08/02/nomura-shares-fall-profit-miss/?utm_content=buffer425df&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #nomura #brokerages #stocks

thejapantimes, 9 months ago to business

Monex Group is being sued in Japan by an individual investor seeking compensation for losses triggered by the sale of Credit Suisse’s riskiest debt. https://www.japantimes.co.jp/business/2023/07/28/companies/japan-monex-sued/?utm_content=bufferb61e4&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #monexgroup #brokerages #bonds #creditsuisse #japanesecourts #investments

ceresbzns, 1 year ago to infosec

Does anyone know of an online brokerage that offers decent 2FA (hardware token or TOTP app) for account security?

I've used Fidelity and Merrill Lynch and the best they offer is suboptimal 2FA factors like SMS or email. Fidelity just tried to railroad me into using voice authentication.

Their entire security model seems centered around

1. social proof, and
2. users noticing fraud and reporting it in a timely fashion so they can hit a big red undo button.

#cybersecurity #infosec #finance #brokerages