US: Strong Winter Storm Brings Blizzard Conditions To Sierra Nevada 3

A strong winter storm hit the Sierra Nevada on Friday, March 1, bringing heavy snow and high winds. Blizzard Warnings were issued for the area, including Lake Tahoe and eastern Nevada. The Sierra Avalanche Center warned that the danger of avalanches was high. Yosemite National Park and many ski resorts in the region announced they were closing at least for the day.

(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.

Asahi, Tokai banks to form holding firm

Asahi, Tokai banks to form holding firm

TOKYO, Japan - Asahi Bank President Tatsuro Ito (L) and Tokai Bank President Hideo Ogasawara speak at a joint press conference Oct. 7 on an agreement to set up a joint holding company in October 2000 with the aim of integrating their operations. The integration will create a new banking group that will be the third largest in Japan with combined assets of some 59 trillion yen.

(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)

Asahi, Tokai banks to form holding firm

Asahi, Tokai banks to form holding firm

TOKYO, Japan - Asahi Bank President Tatsuro Ito (L) and Tokai Bank President Hideo Ogasawara speak at a joint press conference Oct. 7 on an agreement to set up a joint holding company in October 2000 with the aim of integrating their operations. The integration will create a new banking group that will be the third largest in Japan with combined assets of some 59 trillion yen.