1. And Maruso Securities Co., a midsize Japanese brokerage, filed for bankruptcy after it was unable to obtain new loans as banks tighten up on lending. 2. And Maruso Securities Co., a midsize Japanese brokerage, filed for bankruptcy after it was unable to obtain new loans. 3. Argentine shares plunged as South Korean economic woes and the collapse of a Japanese brokerage eroded investor confidence, especially in emerging markets. 4. At the end of each fiscal year, Japanese brokerage houses write off losses from shares priced at below book value. 5. Big Japanese brokerages, though, are mired in a scandal over paying off a gangster, which hardly inspires investor confidence. 6. A bankruptcy of Yamaichi could erode confidence in other Japanese brokerage firms, banks and financial institutions. 7. A few large Japanese brokerage companies and some pension fund managers have parked their money in bonds until the time is right to invest in stocks, Sims said. 8. A major Japanese brokerage firm has gone bankrupt. 9. A spokesman for the U.S. unit of the Japanese brokerage declined to comment on the suit. 10. Abolishing fixed commissions on stock trading -- the bread and butter business of Japanese brokerages -- may kill some small and medium-sized shops. |