Japan's Nomura to beef up private investment business

A man walks next to a sign for Nomura Securities in Tokyo July 25, 2013. REUTERS/Yuya Shino

Nomura Holdings Inc said on Tuesday it planned to beef up business with unlisted companies, including offering advice to startups, aiming to diversify revenue after quarterly earnings took a battering from the coronavirus pandemic.

Japanese biggest brokerage and investment bank said in a business strategy update it was seeking new growth in private equity, private debt and infrastructure, as well as in offerings of digital bonds and security tokens.

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