BRIEF-Moody's affirms Daiwa's ratings; outlook remains negative

Tue Oct 9, 2012 3:00am EDT

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Oct 09 (Reuters) - Daiwa Securities Group Inc.

* Moody's affirmed the Baa3 long-term rating of Daiwa Securities Group Inc. (Daiwa) and the Baa2 long-term rating and the Prime-2 short-term ratings of Daiwa Securities Co. Ltd. The ratings outlook remains negative.