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Kentaro Okuda, left, is set to take the reins of Nomura from CEO Koji Nagai on April 1. (Nikkei montage/Source photos from AP)
Business Spotlight

Nomura's new CEO races old US foes for growth in China

Overpowered by the likes of Goldman Sachs, Japanese group 'focuses'

MITSURU OBE, Nikkei staff writer | Japan

TOKYO -- When Kentaro Okuda joined Nomura Securities in 1987, the Japanese company was poised to conquer the global investment banking industry.

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