Barclays 'to get cash infusion from major Japanese bank'

The UK banking sector certainly appears to have been stuck with a lot of sub-prime debt problems."Barclays Plc may be close to securing a 100bn yen (€594m) capital injection from Japan’s Sumitomo Mitsui Banking Corp. as part of the bank’s efforts to weather the impact...

The Bank of New York Mellon chosen as Japanese tri-party agent

""We expect rapid growth in the tri-party collateral management arena in Japan, as broker-dealers and investors increasingly recognize the economic and risk management benefits of the tri-party structure. "As our business grows, we will continue to expand our team of local...

HI & IT Naviken to jointly formulate 2D/3D integrated map format

"The XIP format is an intermediate format of each vendor's original map format, and the format has the following flexible features: -- It enables the differences of each format to be absorbed into one, while taking advantage of the characteristic features of each format. For...