Nomura homes in on high net worth clients with new banking division

Japan brokerage aims to grow securities-based lending, trust services

20250228N Nomura

Banking will be Nomura's fourth segment alongside traditional brokerage services. © Reuters

SHIKO UEDA

TOKYO -- Nomura Holdings will set up a banking division on April 1, upgrading what has been a narrowly focused business as part of CEO Kentaro Okuda's efforts to ensure the top Japanese brokerage group can profit in any market environment.

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