Six i-banks named to lead Japan Post share sale, Nomura left out

Six i-banks named to lead Japan Post share sale, Nomura left out

A pedestrian walks past a Nomura Securities Co. branch, a unit of Nomura Holdings Inc., in Tokyo, Japan, on Thursday, Oct. 27, 2016. Nomura's second-quarter profit jumped 31 percent as trading income made up for a slump in its retail brokerage business. Photographer: Kiyoshi Ota/Bloomberg

Japan on Friday named six investment banks to lead manage a mammoth sale of shares in Japan Post Holdings, leaving out top-ranked Nomura Holdings days after it was disciplined over an information leak.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter