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Japan's Nomura ties up with regional bank Hyakujushi to boost wealth business


Published on 2025-03-17 08:00:49 - Reuters
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  • TOKYO] Nomura Holdings, Japan's largest securities firm, said on Monday (Mar 17) it has partnered with regional lender Hyakujushi Bank to boost its wealth management services. Read more at The Business Times.

Nomura Holdings Inc., Japan's leading brokerage, has partnered with Hyakujushi Bank Ltd., a regional bank in the western part of the country, to enhance its wealth management services. This collaboration aims to leverage Hyakujushi's extensive network of 100 branches to expand Nomura's reach in the wealth management sector. The partnership will involve Hyakujushi referring its clients to Nomura for investment products, while Nomura will provide training to Hyakujushi's staff to better serve customers interested in wealth management. This move is part of Nomura's broader strategy to grow its wealth management business, which has been a focus since the company announced plans to double its assets under management by March 2025.

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[ https://www.msn.com/en-us/money/companies/japans-nomura-ties-up-with-regional-bank-hyakujushi-to-boost-wealth-business/ar-AA1B4eWH ]