Nomura May Buy Asian Investment Firm or Broker
Nomura Holdings may be pulling back on the global stage, but it’s looking for ways to boost its presence in Asia to take advantage of the region’s growth and its rising coterie of affluent individuals.
Nomura to Scale Down Global Presence
The Japanese brokerage firm Nomura Holdings plans to seek nearly half of a planned $1 billion in savings from cutting European and Middle Eastern operations, with the rest to come from the Americas and Asia.
Insider Trading Scandal Fells Nomura Chief
Kenichi Watanabe stepped down as head of Japan’s top investment bank over an insider trading scandal as the bank's internal investigation found a "high possibility" that more cases would emerge.