KUALA LUMPUR- Press conference by Maybank on group's financial results, 51st Floor, Menara Maybank, 100, Jalan Tun Perak, Kuala Lumpur at 1200 (0400 GMT) KUALA LUMPUR- Press conference on CIMB Group Holdings Bhd's financial results, 31st Floor, Tun Abdul Razak Hussein Room, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, Kuala Lumpur at 1630 (0830 GMT)
Mizuho is expanding its equities business abroad after recruiting dozens of analysts, salesmen and traders to handle mainly Japanese stocks. It formed a tie-up with U.K. Firm Redburn Europe Ltd. earlier this year to offer equity services to Japanese institutional investors that are seeking higher returns as negative interest rates curtail opportunities at home.
Hiroki Saigusa, a Tokyo-based spokesman at Mizuho Securities, declined to comment. Maybank Kim Eng will make an announcement on the matter soon, a spokeswoman said, without giving details. - Bloomberg
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