Tokyo, Oct. 28 (Jiji Press)–Japan Post Bank is considering investing in Matsui Securities Co., an online brokerage firm, apparently aiming to provide a wider range of investment products to customers nationwide, people familiar with the matter said Wednesday. “We are in discussions on a partnership with Japan Post Bank, including a possible capital injection,” Matsui said in a statement. In its medium-term business plan released in May, Japan Post Bank said it would explore tie-ups with securities firms and other financial institutions to expand its lineup of investment trust products and potentially sell stocks and bonds. END [Copyright The Jiji Press, Ltd.]
