Merger Arb Mondays (07 Jul) - Seven & I, Shibaura, Insignia, New World, ENN Energy, HKBN, Fengxiang
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
448 Views
NTT (9432 JP) And SBI Sumishin NetBank (7163 JP)? Maybe. Maybe Not. Seven Bank A Better Idea
A news weekly magazine Bunshun today had an article suggesting a bank executive thought NTT Docomo was on its way to buying SBI Sumishin Netbank....
1.3k Views
(Mostly) Asia-Pac M&A: Talkmed, Jilin Jiutai Bank, Insignia, Silk Logistics, Fengxiang, Nissin, VIOL
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
408 Views
Japanese Neobanks: Time to Short Rakuten Bank (TSE: 5838)
NTT's offer for SBI Sumishin Netbank leads us to focus on the Japanese neobanks; Rakuten Bank stands out as a short, with scope for long arbitrage...
425 Views
Japan Banks - Near End of Negative Rates BOJ, Deposits with BOJ to See Big Yield Rise, Not Only JGBs
The BOJ finally raised short term rates today from 25bps to 50bps. This is an historic rate rise. Japan's banks can see better income from JGBs,...
1.7k Views