trending Market Intelligence /marketintelligence/en/news-insights/trending/Qv8VfS1rvB5s0HKl7DbDvw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Nikko Asset Management president/CEO to step down, replacements named

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Nikko Asset Management president/CEO to step down, replacements named

Nikko Asset Management Co. Ltd. said that Takumi Shibata will step down as president and CEO, effective April 1.

The company will appoint Hideo Abe and Junichi Sayato as representative directors and co-CEOs. Abe will assume the role of president, while Sayato will assume the chairman role, according to a March 11 release.

The resignation follows a lawsuit filed in October 2018 by former executives of the asset manager, alleging that Nikko Asset Management and Shibata misappropriated funds earmarked for incentive schemes and diverted the funds into new incentive schemes designed to benefit Shibata personally.

Nikko Asset Management and Shibata attempted to have the lawsuit dismissed on jurisdictional grounds, but failed to do so, Financial Times reported March 11.

They have since made a second attempt, but in rebuttal to that, the former executives filed documents with the with the New York district court in late February. The documents revealed that former CFO of Nikko Asset Management, Frederick Reidenbach, had recorded conversations during which Shibata had allegedly threatened to fire him for attempting to expose the alleged fraud, the report said.