The Tokyo Stock Exchange will admit 22...
The Tokyo Stock Exchange will admit 22 new members, of which 16 are foreign securities firms, effective in May. Six of the 16 foreign firms are U.S.-based, four are British, two Swiss, two German and two French. The U.S.-based members are Salomon Bros. Asia Ltd.; First Boston Asia Ltd.; Smith Barney, Harris Upham International; Kidder, Peabody International Corp.; Shearson Lehman Bros. Asia, and Prudential-Bache Securities Japan Ltd. The additions raise the total to 114 members, of which 22 are owned by non-Japanese firms.
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