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* Combined assets under management of $640 billion * Share swap set for April 2011, full merger year later * Analyst: Trust bank market is "oversupplied" * Sumitomo Trust shares end down 0.8 pct, Chuo...
* Combined assets under management of $640 billion * Share swap scheduled for April 2011, full merger year later * Analyst: Trust bank market is "oversupplied" * Sumitomo Trust shares end down 0.8 pct, Chuo...
TOKYO, Nov 6 - Sumitomo Trust and Banking and Chuo Mitsui Trust Holdings said they plan to merge, creating Japan's largest trust bank and gaining scale to better compete in a crowded asset management industry....
* Would be Japan's top trust bank with Y36.4 trln in assets * Banks to hold briefing at 0700 GMT * Merger ratio yet to be determined - Nikkei * Analyst: Trust bank market is...
* Would be Japan's top trust bank with Y36.4 trln in assets * Banks to hold briefing at 0700 GMT * Merger ratio yet to be determined - Nikkei * Analyst: Trust bank model is...
* Banks to hold briefing at 0700 GMT * New entity would be top trust bank with Y36.4 trln in assets * Merger ratio yet to be determined - Nikkei * To close a quarter...
* Merger announcement to come Friday -Nikkei * To close a quarter of branch offices -Nikkei (Adds details, background) TOKYO, Nov 6 - Japan's Sumitomo Trust and Banking Co Ltd and Chuo Mitsui Trust Holdings...
WILMINGTON, Del., Oct 28 - A British charitable trust filed a patent infringement suit against Wyeth and Amgen on Wednesday over their blockbuster Enbrel drug, one of the world's best-selling treatments for rheumatoid arthritis. The...
TOKYO, Oct 28 - Japanese Finance Minister Hirohisa Fujii said on Wednesday that there are concerns about rising domestic government bond yields and that it's important not to lose the trust of the bond market....