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TOKYO-MITSUBISHI BANK'S SHIMURA AND TD WATERHOUSE CEO MCDONALD SMILE AFTER NEW CONFERENCE IN TOKYO, 1999-12-15...

IMAGE number
REU8326941
Image title
TOKYO-MITSUBISHI BANK'S SHIMURA AND TD WATERHOUSE CEO MCDONALD SMILE AFTER NEW CONFERENCE IN TOKYO, 1999-12-15 (photo)
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Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-12-15
Image description

Tetsuo Shimura (R), senior managing director of the Bank of Tokyo-Mitsubishi (BTM), smiles with Stephen McDonald, vice chairman and CEO of TD Waterhouse Group Inc, after a news conference at the BTM headquarters in Tokyo December 15. BTM, Japan's biggest bank, and TD Waterhouse, the world's number two discount stock broker, said they had agreed to form an online brokerage firm in Japan around spring 2000. BTM will take a 55 percent stake in the new firm, to be capitalised at 5.5 billion yen ($53 million). TD Waterhouse of the United States will take the remaining 45 percent stake. TA/TAN

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REUTERS / Bridgeman Images
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