Search Results for:Takahiko Hyuga
Nomura unveiled plans last November to resume investing its own money in companies that have potential for revamping, with an emphasis on smaller firms whose aging owners are struggling with succession issues.
The sale of the semiconductor business will take place on June 1. The deal had already missed earlier deadlines for clearance as the companies waited on Chinese antitrust authorities to make a decision.
Hidetoshi Uriu, who joined VisasQ as its CFO in February, said the venture will consider an IPO “before too long.”
Daiwa has drawn up plans to locate about 30 staff in Frankfurt, after selecting the German city last year as the location for its operations in the EU.
Nomura beat Goldman Sachs Group Inc. to the No. 1 spot in 2017 in large part due to deals involving buyout firms.
Nomura has for years tried to bolster its business in the U.S., but has struggled to take market share from bigger firms like Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.
The company will hold the first round of bidding on Oct. 20 to sell more than two thirds of Shinko Real Estate Co.
It joins other European banks in strengthening its business in the nation.
The deals will boost Daiwa’s mergers and acquisitions advisory business in North America.
Barclays is beefing up its investment banking and market operations in Japan.