Chuo Trust to market HSBC funds, services at branches in Japan

Article Abstract:

Chuo Trust & Banking Co. has struck an agreement with HSBC Holdings PLC to sell HSBC-developed mutual funds and asset-management services at its branches in Japan. The agreement will also result to the development of securitized real estate-related products by the two groups, according to Chuo Trust. While signalling the latest tie-up between a foreign and Japanese institution, the deal also reflects the interest obtained by Japanese banks from international firms following the deregulation in the country's financial sector. And aside from the sale of mutual funds in Chuo Trust's 110 branches, the agreement also states that management of the assets, as well as advising on Chuo Trust's pension funds global management, will be the responsibility of HSBC, while Chuo Trust will handle administration and fund sales

Comment:

Strikes deal w/ Chuo Trust & Banking for sale of its mutual funds and asset-management services at the Japanese bank's branches

Commercial Banks, Commercial Banking, Hong Kong, Financial Holding Companies, Offices of Bank Holding Companies, HSBC Holdings PLC, Chuo Trust and Banking Company Ltd.

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NEC and Lucent join forces

Article Abstract:

NEC Corp. in Japan has teamed up with the New Jersey-headquartered Lucent Technologies Inc. to design and manufacture new-age semiconductors. The deal calls for NEC to provide Lucent with the technology for chip production and to handle the manufacturing process. The partnership is expected to develop a dynamic random access memory and logical functions embedded on a single chip. The combined functions will be useful in circuits employed in routing high-speed data or large image processing, according to Lucent Technologies' Electronics Group vice president Ahmed Nawaz.

Comment:

Has teamed up with the Japan-headquartered NEC Corp to design and manufacture new-age semiconductors

United States, Semiconductor and Related Device Manufacturing, Random Access Memory Circuits, NEC Corp., RAM (Random access memory), Lucent Technologies Inc

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Nifty, T-Online join forces

Article Abstract:

Nifty Corp. and T-Online International AG have created a wide-ranging Internet business alliance from which they will provide reciprocal services. Subscribers to the Japanese fixed-line Internet service providers' "@nifty" service will be able to log on in Europe through Internet access points operated by T-Online. T-Online International's subscribers will gain access to T-Online's services from Japan using Nifty's network.

Germany, Telegraph & other communications, Internet service providers, Licensing agreements, T-Online International AG, Nifty Corp.

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