Japan: Daiwa Securities agrees to buy Signal Hill, Sagent in US push

Japan: Daiwa Securities agrees to buy Signal Hill, Sagent in US push

Seiji Nakata, new President and CEO of Japan's second-largest brokerage Daiwa Securities Group Inc, poses for a photo after an interview at the company's headquarters in Tokyo, Japan, May 2, 2017. Photo: Reuters

Daiwa Securities Group Inc., Japan’s second-largest brokerage, agreed to buy U.S. investment bank Signal Hill Holdings LLC and increase its stake in Sagent Advisors to boost its mergers and acquisitions advisory business in North America.

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