Japan's Nomura ties up with regional bank Hyakujushi to boost wealth business

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Japan's Nomura ties up with regional bank Hyakujushi to boost wealth business - Channel News Asia

Quick Summary:

TOKYO :Nomura Holdings, Japan's largest securities firm, said on Monday it has partnered with regional lender Hyakujushi Bank to boost its wealth management services.

The tie-up is set to begin before March 2027 and the impact on each firm's earnings is currently unclear, Nomura said.

The announcement steps up the competition with online banking group SBI Holdings, which has also signed agreements with a series of regional banks.