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Mitsubishi UFJ Financial Group to transfer shares in Mitsubishi UFJ Asset Management to subsidiary

Thursday, 28 May 2015 03:00am EDT

Mitsubishi UFJ Financial Group Inc:To transfer 39,325 shares in Mitsubishi UFJ Asset Management Co., Ltd. to wholly owned subsidiary Mitsubishi UFJ Trust and Banking Corporation, on June 30.

Fukuoka Financial Group to dissolve subsidiary

Tuesday, 19 May 2015 01:00am EDT

Fukuoka Financial Group Inc:To dissolve subsidiary FFG Preferred Capital Cayman Limited engaged in issuance of preferred equity investment securities.Liquidation is expected to be completed by late March 2016.

Tokyo TY Financial Group to dissolve group company

Friday, 1 May 2015 02:00am EDT

Tokyo TY Financial Group Inc:Says to dissolve a Tokyo-based group company that wholly owned by subsidiary The Tokyo Tomin Bank.Says the Tokyo-based group company to be dissolved on June 30 and planned complete liquidation in late September.

Deutsche Bank AG announces next phase of strategy

Friday, 24 Apr 2015 04:59pm EDT

Deutsche Bank AG:Decides upon next phase of Bank's strategy.Will reduce leverage in Corporate Banking & Securities (CB&S); deconsolidate Postbank; invest in its transaction banking, asset and wealth management, and retail businesses.Will continue to redesign its operating and governance models to achieve greater efficiency and a more robust control environment.Furthermore, it will increase its investments in digital banking and rationalize its geographic footprint.

Hampton Roads Bankshares Inc announces proposed merger of subsidiary banks, to operate under Shore Bank brand

Thursday, 16 Apr 2015 04:30pm EDT

Hampton Roads Bankshares Inc:Intends to seek regulatory approval to merge its subsidiaries BHR and Shore Bank later this year into a single bank that will do business under the name Shore Bank.Plans to change its name from Hampton Roads Bankshares to Shore Financial Corporation.

China Development Financial Holding announces business transfer between subsidiaries

Monday, 13 Apr 2015 09:56am EDT

China Development Financial Holding Corp:Subsidiary China Development Industrial Bank to transfer its commercial bank-related business at T$38 billion tentatively to KGI Bank.China Development Industrial Bank and KGI Bank are wholly owned subsidiaries of the company.

Parana Banco SA reorganizes its subsidiaries in the insurance business

Monday, 13 Apr 2015 08:11am EDT

Parana Banco SA:Says it approved reorganization of its subsidiaries in the insurance business J. Malucelli Participacoes em Seguros e Resseguros SA and J. Malucelli Seguros SA, to reduce company's participation in the property and casualty insurance business.At the end of the process it will continue to control activities related to insurance and reinsurance through its subsidiary J. Malucelli Participacoes em Seguros e Resseguros SA and will hold 5 percent of J. Malucelli Seguros SA in property and casualty insurance business.The Travelers Companies, Inc, as company's partner through company's subsidiaries, will hold the participation of 49.5 percent in insurance and reinsurance business.The Travelers Companies, Inc will hold the participation of 95 percent in the activities of property insurance and liability.


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Provider: Brown Brothers Harriman & Co.
Provider: Brown Brothers Harriman & Co.
Provider: Brown Brothers Harriman & Co.
Provider: Brown Brothers Harriman & Co.
Provider: Swiss Capital

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