Nomura partners with New Zealand group to expand global footprint
Nomura Holdings said on Monday (May 10) it will team up with Auckland-based investment and advisory firm Jarden Group in New Zealand and Australia, as Japan s biggest investment bank and brokerage seeks to expand its global presence.
The alliance includes supporting clients across equity and debt capital markets as well as merger-and-acquisition (M&A) finance, Nomura said in a joint statement with Jarden.
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The announcement comes after Jarden dissolved its long-standing strategic alliance with Credit Suisse Group.
Nomura is working to build up its primary business overseas that includes underwriting and deal advisory, at a time when a declining population at home is pointing toward a shrinking domestic market.
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