Nomura Holdings has received approval from the China Securities Regulatory Commission (CSRC) to establish a securities joint venture in China, and is now making ‘the necessary arrangements to set up the company once the procedural requirements have been completed’.
‘This is an important step in building up our China business,’ said Nomura Group chief executive Koji Nagai ( pictured ). ‘With an increased presence in China, we aim to support economic growth in both China and Japan and firmly establish ourselves as a global financial services group with deep roots in Asia.’ Nomura exited equity derivatives, equity research and equity under-writing in Europe, Middle East and Africa (Emea) to focus in its Asia Pacific activities in
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