March 14, 1989 |
James D. Wolfensohn Inc., the investment bank that landed former Federal Reserve Chairman Paul A. Volcker as a consultant when he left the Fed, said Monday that it has joined with another powerful partner, Japan's Fuji Bank, to advise Japanese and U.S. companies on mergers. The new firm, Fuji-Wolfensohn International, will be a joint venture launched with initial investment capital of $55 million, $52.5 million of it from Fuji, the world's second-largest bank with assets of $345 billion.
August 20, 1999 |
In a move that promises to shake up Japan's entrenched financial system, three large Japanese banks confirmed early today that they have agreed on an alliance that would create the world's largest banking group. Analysts said the combination of two commercial banks--Dai-Ichi Kangyo Bank and Fuji Bank--plus the Industrial Bank of Japan, a long-term-credit bank, could pave the way for a host of other bank mergers and serve as a model for corporate consolidation.
September 15, 1989
Construction was recently topped out on the 15-story office tower that will serve as Western Digital Corp.'s international headquarters when it is completed next year. More than 1,000 employees of the computer products manufacturer will be housed in the new building located in Irvine Spectrum, a 2,600-acre center for research, technology and business under development by the Irvine Co. FACTS AND FIGURES Address: Irvine Center Drive and Pacifica in Irvine Center. Developer: The Irvine Co.
November 28, 1987 |
An investor group led by a San Francisco investment banking firm has bought Orange-based National Medical Homecare, one of the nation's largest home-care equipment chains, from its parent company, National Medical Enterprises Inc. of Los Angeles. Dennis Walsh, NMH's national sales manager, said the amount for which the company is being sold will probably be disclosed after the transaction is completed next week. Walsh said the investment group, called NMH Holdings Corp.