CORRECTED - CORRECTED-Daiwa: to boost Asia operations capital by $1.1 bln

Thu Nov 12, 2009 4:24am GMT
 
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(Corrects paragraph 3 to ... September 2009 ..., not March 2009)

TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc (8601.T), Japan's second-largest brokerage, said it planned to bolster the capital of its Asian operations by 100 billion yen ($1.1 billion) to 190 billion yen by April 2010.

Daiwa said in document distributed to investors that it would increase the staff of Asian stock and derivatives businesses by 300 people, while also adding 100 people for underwriting and mergers and acquisitions.

The document said it would increase staff in its wholesale operations in the Asia-Pacific region to 1,120 by March 2012 from 650 as of September 2009. (Reporting by Junko Fujita)

 

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