Nomura Holdings is a Japanese financial company founded in Osaka but now based in London. It is an important member of the Nomura Group. It is named for its founder, stockbroking tycoon Tokushichi Nomura.
What is now Nomura Holdings was founded in 1925, when what was originally named Nomura Securities was founded as a spin-off of Securities Department of Osaka. The bank was originally focused solely on the bonds market but gained a license to trade stock in 1938. Nomura acquired the majority of Lehman Brothers’ Asian operations, along with its European equities and investment banking operations, after Lehman collapsed in 2008. This move made it one of the biggest independent investment banks in the world.
In 2009 Nomura switched focus, taking more of a global outlook rather than focusing on Japan. The company’s headquarters were moved to London, and it now has a network that covers more than 30 countries.
Nomura Products and Services
Nomura has several subsidiaries and works together with those subsidiaries to provide investment and financial services, with an emphasis on securities, to individual, institutional and government clients. It has four major divisions:
The wholesale banking division is focused on two primary sectors; global markets and investment banking. Services offered by this division include foreign exchange, bonds, equities, advisory and risk solutions.
The merchant banking division mostly provides equity to clients looking to buy out or reorganise their business.
Nomura’s asset management arm offers investment focused products to banks, insurance companies, securities brokers and post offices, as well as investment advisory services delivered to commercial banks, governments, insurance companies and pension funds.
The retail banking division offers products and services to individual and corporate customers. This division also includes the wealth management team, which provides a more personalised service to high net worth individuals.
Nomura is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority.