SOLD OUT Merrill Lynch Japan President Discusses the Firm’s Turnaround
Tuesday, December 12
12 – 2 pm
Read the Event Summary.
Izumi Kobayashi, President, Merrill Lynch Japan Securities, Co.
Kyota Omori, Managing Director & CEO for the Americas, The Bank of Tokyo-Mitsubishi UFJ Ltd.; Director, Japan Society, Inc.
By all accounts, Merrill Lynch Japan Securities has staged a remarkable comeback. As recently as 2001, the firm suffered from financial and moral issues owing to steep losses, job cuts and office closures. In a few short years, under the stewardship of Izumi Kobayashi, who become the first Japanese and first female President in 2001, the company has become the most lucrative non-Japanese brokerage in Japan. Riding the wave of Japan’s resurgent economy, the firm’s recent successes have included brokering the $40 billion merger in 2005 between Mitsubishi Tokyo Financial Group’s and UFJ Holdings to create the world’s largest bank, and taking advantage of Japan’s growing class of high net worth individuals through the private banking joint venture, Mitsubishi UFJ Merrill Lynch PB Securities Co., Ltd., launched in early 2006. Ms. Kobayashi will discuss the near-term opportunities and potential pitfalls she sees for Merrill Lynch in Japan and for the Japanese financial industry overall.
12 – 12:30 pm Registration & reception
12:30 – 1 Luncheon
1 – 2 Lecture
Admission: Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. These reservations must be made at least 48 hours prior to the event. Additional corporate registrants and Japan Society individual members at the Patron level and above pay the discounted corporate member rate of $45 for lunch and lecture, $10 for lecture only. Nonmember admission: $65 for lunch and lecture, $15 lecture only. The academic and government admission rate is $30 for the luncheon and $10 for lecture only. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome.
- December 12, 2006
- 12:00 pm