Overview
One of the top brokerages in Japan, SMBC Nikko Securities (formerly Nikko Cordial Securities) trades in equities, fixed-income products, and investment trusts for retail and institutional investors. The company has about ¥45 trillion of assets under management in more than 2,700 client accounts. Formerly part of Citigroup, it was sold to a subsidiary of Sumitomo Mitsui Financial Group in 2009 for some $8.7 billion, including cash and debt considerations.
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Read More The firm sold most of its stake in private equity investment subsidiary Nikko Antfactory for $140 million in 2008. The relatively small divestiture portended Citigroup's sale of non-core operations in Japan, including the then-named Nikko Cordial.
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Read More The firm sold most of its stake in private equity investment subsidiary Nikko Antfactory for $140 million in 2008. The relatively small divestiture portended Citigroup's sale of non-core operations in Japan, including the then-named Nikko Cordial.
Read Less
SHUJI YOSHIOKA
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SHUJI YOSHIOKARepresentative Director
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