TOKYO (Reuters) – Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person with knowledge of the matter said.

TPG has informed executives at Sony, Canon Inc, Fujifilm Holdings and Panasonic Corp of its interest in providing capital and expertise to help revive the maker of medical equipment and cameras, the person said.

TOKYO/HONG KONG (Reuters) – Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings (8604.T: Quote, Profile, Research, Stock Buzz), resigned on Tuesday after the wholesale division he led suffered heavy losses and forced the Japanese investment bank to scale back its global expansion.

The departure of Bhattal is the latest blow to Nomura’s ambitions to join the elite ranks of global investment banks following its acquisition of Lehman Brothers’ European and Asian operations after the storied Wall Street firm collapsed in 2008.

TOKYO (Reuters) – A panel reviewing the auditing of Olympus Corp after its $1.7 billion (1.1 billion pound) accounting scandal said it had so far not found any wrongdoing by the Japanese arm of Ernst & Young and questioned the accuracy of a separate investigation critical of auditors.

But the panel, set up by Ernst & Young ShinNihon LLC earlier this month, acknowledged that its powers of investigation were limited. The hurdles include an inability to question prior auditor, KMPG AZSA LLC, which does not want to participate in a competitor’s probe.

TOKYO, Dec 27 (Reuters) – A panel reviewing the
auditing of Olympus Corp after its $1.7 billion accounting
scandal said it had so far not found any wrongdoing by the
Japanese arm of Ernst & Young and questioned the accuracy of a
separate investigation critical of auditors.

But the panel, set up by Ernst & Young ShinNihon LLC
earlier this month, acknowledged that its powers of
investigation were limited. The hurdles include an inability to
question prior auditor, KMPG AZSA LLC, which does not
want to participate in a competitor’s probe.

TOKYO (Reuters) – Michael Woodford, the ousted boss of Japan’s Olympus Corp, has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.

Woodford has said major lenders to the maker of cameras and medical equipment will decide its fate – and those banks are already lined up behind Olympus managers, seemingly intent on slamming the boardroom door shut on him for good.

TOKYO (Reuters) – Michael Woodford, the ousted boss of Japan’s Olympus Corp (7733.T: Quote, Profile, Research), has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.

Woodford has said major lenders to the maker of cameras and medical equipment will decide its fate – and those banks are already lined up behind Olympus managers, seemingly intent on slamming the boardroom door shut on him for good.

TOKYO/LONDON (Reuters) – A big foreign investor in Japan’s disgraced Olympus Corp (7733.T: Quote, Profile, Research, Stock Buzz) voiced its concern on Monday that the firm would bring in a major new investor, in a move that could effectively sink former CEO Michael Woodford’s campaign to be reinstated.

U.S. fund manager Southeastern Asset Management, which holds 5 percent of the maker of cameras and medical equipment, said in a statement it was worried the current board may be gearing up to dilute existing shareholders in a bid to stay in power.

TOKYO/LONDON, Dec 19 (Reuters) – A big foreign
investor in Japan’s disgraced Olympus Corp voiced its
concern on Monday that the firm would bring in a major new
investor, in a move that could effectively sink former CEO
Michael Woodford’s campaign to be reinstated.

U.S. fund manager Southeastern Asset Management, which holds
5 percent of the maker of cameras and medical equipment, said in
a statement it was worried the current board may be gearing up
to dilute existing shareholders in a bid to stay in power.

TOKYO/HONG KONG, Dec 16 (Reuters) – Akio Nakagawa, a
60-year-old semi-retired Japanese banker, had seemingly
vanished.

Nakagawa was at the center of one of corporate Japan’s
biggest scandals: the decades-long cover-up of losses at Olympus
Corp (7733.T: Quote, Profile, Research). Japanese and U.S. investigators wanted to quiz
him about the record $687 million advisory fee his firms had
received on a single deal from the famed maker of cameras and
endoscopes.

TOKYO/HONG KONG (Reuters) – Akio Nakagawa, a 60-year-old semi-retired Japanese banker, had seemingly vanished.

Nakagawa was at the center of one of corporate Japan’s biggest scandals: the decades-long cover-up of losses at Olympus Corp. Japanese and U.S. investigators wanted to quiz him about the record $687 million advisory fee his firms had received on a single deal from the famed maker of cameras and endoscopes.