Helping Japan - What Firms Have Done So Far

Diposting oleh nangsa on Minggu, 20 Maret 2011

http://news.hereisthecity.com/cntns_media/hitcn/16/earthquake_map_1864.jpgWith banks and other financial markets firms in the news more often than not for the wrong reasons these days, the unfolding disaster in Japan brings an opportunity for companies to underline that they really have learned about giving back to society.
Earthquake Map

And a number of firms have responded magnificantly with donations and money-raising events to help the cause.

Here's what we know about who's doing what:

Mitsubishi UFJ Financial Group - $6.2m

Goldman Sachs - $6.1m for the relief efforts

JPMorgan Chase - $5m

Barclays has donated $2.4m

Citi has also donated $1.2m, and the Citi Foundation has donated the same amount

Credit Agricole - $1.2m

Daiwa Securities Group - $1.2m

Bank of America - $1.2m, plus the bank is matching employee contributions to the American Red Cross Japan Earthquake / Pacific Tsunami Relief Fund.

BNP Paribas - $1.2m to the Japanese Red Cross, and the bank is matching employee contributions

Deutsche Bank - $1.2m

MetLife - $1.2m

Morgan Stanley - $1.2m

Mizuho Financial Group - $1.2m, with some local entities matching employee donations

Nomura has also donated $1.2m

UBS has also donated $1.2m and will match employee contributions, plus is giving  50% of all commissions in Japan cash equities earned Friday, 18th March to JEN and Peace Winds Japan

Jefferies & Co - a $1m direct donation from the firm, together with all net equity trading revenues from the firm's Asian offices this week, and all net revenues from US & Equity trading operations made on the 16th March

Credit Suisse - $1m, plus an employee matching scheme

Man Group - $1m

State Street - $500,000, with $100,000 in employee matching

Wells Fargo - $500,000 plus another up to $500,000 matching employee donation

Brown Brothers Harriman - $500,000

Northern Trust - $250,000

HSBC Tokyo has donated $250,000 to the Japanese Red Cross

Royal Bank of Canada - $102,000

Toronto Dominion - $102,000

Investment Technology Group Inc. has donated $100,000

BGC Partners - BGC will donate 100% of its Tokyo office's revenues, along with 25% of the revenues from other Asia-Pacific offices, for one week to relief agencies in Japan to directly help those in need

BlackRock Investment Managers is matching employee donations to the Japanese, American and British Cross and the International Federation of Red Cross and Red Cross Societies

London Stock Exchange is having a 'dress down day' to raise funds, and will be matching employee donations

If your firm has made a donation, or has some initiative that will help the Japanese people, please e-mail us in details to news@hereisthecity.com , and we'll update this list.


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