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Daiwa posted its highest quarterly profit in seven years in the first three months of the year, more than doubling the amount expected by analysts, as quantitative easing measures in Japan boosted profits at its wholesale banking division
SMBC Nikko plans to increase its overseas headcount by about 25%, with the Japanese firm launching a major recruiting drive in London – mainly in mergers and acquisitions, equity sales and on the syndicate desk.
Despite the uncertainty surrounding Dish Network’s rival offer for Sprint Nextel early last week, SoftBank successfully priced its dual-currency bond offering on Thursday after a significant increase and at the tight end of talk.
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