• Kyodo News

  • SHARE

Nikko Cordial Securities Inc. on Thursday kicked off operations as a wholly owned unit of Sumitomo Mitsui Banking Corp., completing the acquisition of the brokerage from Citigroup Inc.

The new entity integrates part of the operations of Nikko Citigroup Ltd., a wholesale brokerage house sold off by Citigroup and renamed Citigroup Global Markets Japan Inc.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW