![]() |
| JAPAN FOCUS |
Ever since the dissolution of its joint venture with SMBC in 2009, the theory has been the same: Daiwa, lacking balance-sheet strength and in a declining domestic brokerage environment, which is dominated by Nomura, must sooner or later be bought by someone else.
Seiji Nakata, president and chief executive since April 2017, doesn’t see it that way.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
