Cathy Chan

1 week ago | bloomberg.com | Cathy Chan |Takashi Nakamichi

Nomura Holdings Inc. has scaled back its original focus on China wealth to prioritize an expansion in brokerage and asset management in the world’s second largest economy, according to people with knowledge of the matter. Nomura Orient International Securities Co. has trimmed staffing by about two-thirds in its China wealth business over the past two years, the people said, asking not to be identified as the matter is confidential.

3 weeks ago | asreport.americanbanker.com | Cathy Chan

(Bloomberg) -- Nomura Holdings Inc.'s Rig Karkhanis anticipates revenue for the firm's global markets business to reach a record and said he will boost hiring to help execute on its broader strategy push. Global markets revenue is likely to increase more than 20% in the current fiscal year with all regions delivering year-on-year growth, Karkhanis, the bank's Singapore-based division head, said in an interview. For the first time in a decade, the metric also rose in the nine months to Dec.

3 weeks ago | news.bloombergtax.com | Cathy Chan

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3 weeks ago | bloomberg.com | Cathy Chan

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3 weeks ago | ca.finance.yahoo.com | Cathy Chan

(Bloomberg) -- Temasek Holdings Pte and GIC Pte Ltd. will acquire a significant stake in Novotech Pty Ltd. to fuel growth and accelerate acquisitions for the clinical research and testing provider, valuing the company at about A$3 billion ($1.9 billion), people familiar with the matter said.