Ex-Daiwa Securities head Doi dies at 80

Ex-Daiwa Securities head Doi dies at 80

TOKYO, Japan - Sadakane Doi, former president of Daiwa Securities Co. -- now Daiwa Securities Group Inc. -- who led the company to become the second-largest brokerage in Japan, died of pneumonia at a hospital in Kamakura, Kanagawa Prefecture, on April 14, the company said April 20. He was 80.

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Daiwa Securities Group Inc. in Tokyo. Sumitomo Mitsui Financial Group Inc. and Daiwa Securities Group, the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day.

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day.

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day. (Kyodo)

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Daiwa Securities Group Inc. in Tokyo. Sumitomo Mitsui Financial Group Inc. and Daiwa Securities Group, the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day. (Kyodo)

Ex-Daiwa Securities head Doi dies at 80

Ex-Daiwa Securities head Doi dies at 80

TOKYO, Japan - Sadakane Doi, former president of Daiwa Securities Co. -- now Daiwa Securities Group Inc. -- who led the company to become the second-largest brokerage in Japan, died of pneumonia at a hospital in Kamakura, Kanagawa Prefecture, on April 14, the company said April 20. He was 80. (Kyodo)