Nomura Holdings, Inc. today announced that it has completed the transfer of the entire stake Nomura Asia Investment (Singapore) Pte. Ltd. holds in Capital Nomura Securities Public Company Limited (99.1% of outstanding shares) to the Bank of Ayudhya Public Company Limited.
This covers the domestic and retail brokerage businesses of Capital Nomura Securities.
Nomura will retain its international businesses including Global Markets, Investment Banking and Wealth Management currently operated by Capital Nomura Securities in cooperation with Nomura Group. These businesses are part of Nomura’s core Wholesale activities, which are the primary focus of the firm’s international business. Nomura remains committed to serving its institutional, corporate and high-net-worth clients in Thailand.
Nomura does not expect the transaction to have…
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