Brief: Two more lenders in talks to acquire stake in Bank of Yokohama asset manager - Nikkei

Tokyo Kiraboshi Financial

10/08/2016 18:05

Aug 10 (Reuters) - Nikkei: 
    * Two more lenders seen linking with Bank of Yokohama asset 
manager - Nikkei 
    * The parent of Tokyo Tomin Bank and Yachiyo Bank is in 
talks to take stake in an asset management firm owned by Bank of 
Yokohama and others - Nikkei 
    * Tokyo TY Financial Group is expected to buy about 15% of 
the shares in Sky Ocean Asset Management as early as this month 
- Nikkei 
    * Bank of Yokohama and Sumitomo Mitsui Trust Bank, which 
established Sky Ocean in November 2014, now own 40% and 30% of 
the firm, respectively - Nikkei 
    * Tokyo TY Financial will sell diversified mutual funds 
managed by Sky Ocean through its two banking units - Nikkei 
 
Source text - (http://s.nikkei.com/2aLUjlN) 
 
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