Finance

SHANGHAI (Nikkei)--Bank of Tokyo-Mitsubishi UFJ will launch custodian bank operations in China, becoming the first Japanese bank to do so, The Nikkei learned Wednesday.

TOKYO (NQN)--The Osaka Securities Exchange will from May 28 ease screening criteria for companies looking to list on its Jasdaq market and first and second sections, to make it easier for small and midsize venture companies to procure capital.

TOKYO (NQN)--Tokio Marine Holdings Inc. (8766) said on Wednesday that it has completed its acquisition of U.S. insurer Delphi Financial Group Inc.

TOKYO (Nikkei)--The nation's two major consumer finance firms, Acom Co. (8572) and Aiful Corp. (8515), both returned to the black for the first time in three years, reporting group net profits for the year ended in March.

TOKYO (Nikkei)--Mizuho Securities Co. Chairman Keisuke Yokoo and his counterpart at Mizuho Investors Securities Co., Ken Aoki, are expected to step down in late June.