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Japan Post Bank plans venture with Sumitomo Mitsui Trust, Nomura

Japan Post Bank plans a joint venture with Sumitomo Mitsui Trust and Nomura to offer low-risk personal finance products at post offices.

TOKYO -- Japan Post Bank, Sumitomo Mitsui Trust Bank and Nomura Holdings plan to form an asset management company that would develop low-risk personal finance products for sale at post offices.

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