TOKYO -- Nomura Holdings will reorganize its operations in April, creating a new, broader division to replace its asset management and merchant banking teams, Nikkei learned Monday.
Finance
Nomura targets private equity in biggest shakeup since 2010
New division to combine asset management and proprietary investment expertise
Nomura's Tokyo headquarters: Group CEO Kentaro Okuda says the Japanese financial company will focus more on private markets. © Reuters
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