Resona Holdings, Inc. (RSNHF) - OTCPK - Current
  • Sep. 12, 2014, 6:43 AM
    • As banks weigh in their bids for Citigroup's (NYSE:C) Japanese retail banking operations, the U.S. bank announced that it was looking to sell its Japanese Diners Club card business along with the unit.
    • Citigroup's Japanese retail business has some 3.6T yen ($33.6B) in deposits, of which almost 2T yen is dollar-denominated, attracting Japanese banks seeking foreign currencies.
    • Ten banks, including Mitsubishi UFJ Financial (NYSE:MTU), Mizuho Financial (NYSE:MFG), Sumitomo Mitsui Financial (NYSE:SMFG), Resona (OTCPK:RSNHF), Sumitomo Mitsui Trust (OTCPK:SUTNY) and Shinsei Bank (OTCPK:SKLKY) have all submitted preliminary bids.
    | Sep. 12, 2014, 6:43 AM | 1 Comment
  • Oct. 16, 2012, 3:39 AM

    Japanese banks Sumitomo Mitsui (SMFG) and Mitsubishi UFJ (MTU) are spreading the financial love this week: along with Resona, they're providing Panasonic (PC) with $7.6B of loan commitments, allowing the electronics giant to avoid having to raise money in the markets. Sumitomo and Mitsubishi are also reportedly helping Softbank finance its $20.1B acquisition of Sprint.

    | Oct. 16, 2012, 3:39 AM
  • Feb. 28, 2012, 7:15 PM
    Japanese stocks open higher in early trading on solid gains in the U.S. overnight. The Nikkei Average iss currently up +0.6% led by bank shares: Mitsubishi UFJ Financial (MTU -1.7%), Mizuho Financial (MFG +2.2%) and Resona Holdings (RSNHF.PK +1.2%)
    | Feb. 28, 2012, 7:15 PM
  • Dec. 6, 2011, 7:25 PM
    Japanese stocks are higher in early trading, buoyed by strength in global markets overnight. The Nikkei Average gains 0.64% to 8,615, with financials leading: Mizuho (MFG +2%), Sumitomo Mitsui Financial Group (SMFG +1%), and Resona Holdings (RSNHF.PK +1.2%).
    | Dec. 6, 2011, 7:25 PM
Company Description
The Resona Group is a financial group comprising three banks (Resona Bank, Ltd., Saitama Resona Bank, Ltd., and The Kinki Osaka Bank, Ltd.) controlled by Resona Holdings, Inc., a financial holding company. The Group's banks provide all customers with conveniently accessible, high-quality... More
Sector: Financial
Industry: Diversified Investments
Country: Japan