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Daiwa aims to treble Asia revenue outside Japan

July 22, 2010  

From Aaron Pan

Shigeharu Suzuki, president and CEO of Daiwa Securities Group, says the Japanese bank aims to treble revenue contributions from Asia outside of Japan next year from current levels.

Daiwa Securities Group intends to treble its Asian revenues to ¥160 billion (US$1.85 billion) from its Asia-related businesses for the fiscal year ending in March 31, 2011, says Shigeharu Suzuki, president and CEO of the Japanese investment bank.


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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