Archive | October 7, 2008

Japanese monetary policy: stealth liquidity

$225B in three weeks?! clipped from www.bloomberg.com Shirakawa Downplays Speculation for Joint Rate Cut The best way for central banks to counter the global financial crisis is to provide liquidity, Shirakawa said. The BOJ pumped 23 trillion yen ($225 billion) into the financial system over the past three weeks, the most in at least six [...]

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Harsh reality, no ex-Lehman love for Nomura

Hopefully the bonus pool Nomura (8604) [[NMR]] set aside for ex-LB players in Europe produces different results. clipped from www.bloomberg.com Nomura Said to Lose 100 Lehman Equity Employees to Competitors Oct. 8 (Bloomberg) — Nomura Holdings Inc., Japan’s largest investment bank, will lose roughly 60 percent of the Japanese equity employees acquired when it purchased [...]

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