Nomura buys 40% stake in Julius Baer unit catering to wealthy Japanese

Nomura buys 40% stake in Julius Baer unit catering to wealthy Japanese

Pedestrians pass the headquarters of Julius Baer Group Ltd. in this photo taken with tilt-shift lens in Zurich, Switzerland. Photographer: Gianluca Colla/Bloomberg

Nomura Holdings Inc. agreed to buy 40 percent of Julius Baer Group Ltd.’s unit that targets wealthy individuals in Japan as part of a strategic partnership.

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