virtualreview

japan: news and opinion

Nochu to buy more securitised products

Norinchukin Bank (Nochu), Japan's fourth largest by assets, plans to increase investments in securitised products, including asset-backed securities and collateralised debt obligations, by at least Y6,000bn ($54bn) over the next year or two ...full story at Financial Times

from Financial Times on Mon, Aug 25 2008

see also:

07 Sep 07 visit RSC PRODUCTS X NASHIRO "AGARUDAKE"  »  YouTube videoNASHIRO TRANING "MASU" in MUTOH GYM ,OSAKA WITH RSC PRODUCTS.MUSIC byBOXER KID(MJR)
27 May 08 visit Norinchukin Bank books ¥187 billion in subprime-related losses  »  Japan Times Norinchukin Bank said Tuesday it suffered a ¥186.9 billion loss in business 2007 on its investments in securitized products affected by the U.S. subprime mortgage crisis. The loss revealed by the de facto central bank for the nation's agriculture...
06 Dec 07 visit Loss-stung Mizuho unit looks to raise ¥150 billion  »  Japan Times Mizuho Securities Co., which is taking heavy losses on investments linked to products backed by subprime mortgage loans in the United States, plans to replenish its capital by issuing ¥150 billion in... Read more . . .
09 Sep 08 visit Business › Japanese banks hold Y10 trillion in securities issued by 2 U.S. lenders  »  Japan Today Major Japanese banks and Norinchukin Bank held a total of about 10 trillion yen in bonds and mortgage-backed securities issued by troubled U.S. mortgage firms…
03 Oct 08 visit Norinchukin's ¥30 billion buys Credit Agricole stake  »  Japan Times Norinchukin Bank has acquired ¥30 billion worth of shares in France's Credit Agricole SA to form a business alliance in asset management and other areas, Norinchukin announced Friday. With the investment through stock market transactions, Norinchuki...
28 Oct 08 visit Business › Norinchukin eyes raising Y300 billion capital  »  Japan Today Norinchukin Bank, the de-facto central bank for Japan's farm and fishing cooperatives, eyes raising some 300 billion yen in fresh capital by the yearend by…

« Today's Stories