Zhitong Finance learned that Daiwa Securities Group will take a stake in Aozora Bank, which will enable Aozora Bank to obtain new capital after losing money due to the turmoil in the US real estate market. Daiwa Securities said in a document that Daiwa Securities will purchase newly issued shares worth approximately 51.4 billion yen (US$330 million) from Aozora Securities and obtain about 15.6% of voting rights. According to compiled data, this would make Daiwa Securities the bank's largest shareholder. Daiwa Securities and Aozora Bank plan to cooperate in four areas: wealth management, real estate, mergers and acquisitions, and startup investment.
因美国楼市巨亏的青空银行得救 获大和证券注资3.3亿美元
Due to huge losses in the US property market, Aozora Bank was rescued and invested 330 million US dollars by Daiwa Securities
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.