#Latest news with #JapaneseSecuritiesBloomberg7 hours agoBusinessBloombergNomura to Shut Branch in China as It Scales Back Wealth BusinessNomura Holdings Inc. is closing one of its four branches in China, as the Japanese securities firm scales back its wealth management business in the mainland after years of losses. The company's brokerage subsidiary plans to shut its branch in Zhejiang province by the end of the year, people familiar with the matter said, asking not to be identified as the matter is private. A Tokyo-based spokeswoman declined to comment.
Bloomberg7 hours agoBusinessBloombergNomura to Shut Branch in China as It Scales Back Wealth BusinessNomura Holdings Inc. is closing one of its four branches in China, as the Japanese securities firm scales back its wealth management business in the mainland after years of losses. The company's brokerage subsidiary plans to shut its branch in Zhejiang province by the end of the year, people familiar with the matter said, asking not to be identified as the matter is private. A Tokyo-based spokeswoman declined to comment.
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