Major subsidiaries include Daiwa Securities, which offers retail services such as online trading to individual investors and investment banking services in Japan, as well as Daiwa Capital Markets, the firm's international investment banking arm (with a presence across Asia, Europe and North America) that provides M&A advisory, sales and trading services in a variety of financial products to corporate and institutional clients. Other group companies provide asset management, research and private equity fund services.
The company was founded in 1999 as Daiwa Securities SB Capital Markets Co. Ltd., a joint venture between Daiwa Securities Group (Daiwa) and Sumitomo Bank (SB). It was renamed in 2001 to Daiwa Securities SMBC Co. Ltd., after Sumitomo Bank merged with Sakura Bank on 1 April 2001 to form Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). However, in 2010, SMBC acquired Nikko Cordial (Japan's third-largest brokerage at that time).
Daiwa Securities Capital Markets Companyedit
Following this step, Daiwa dissolved the joint-venture with SMBC and re-acquired 100% of the shares in the company, before renaming it again as Daiwa Securities Capital Markets Co. Ltd. Finally, about two years later, the company was absorbed in a merger, leaving Daiwa Securities Co. Ltd as the sole entity.[4]
In July 2012, Daiwa Securities Group was chosen by the Central Bank of Myanmar to spearhead a $380-million project designed to develop an IT network for the Myanmar government that would connect all ministries as well as schools and hospitals to a cloud computing system and would also entail a secure online banking system for the country.[6]
daiwa, securities, group, 大和証券グループ本社, daiwa, shōken, gurūpu, honsha, japanese, investment, bank, that, second, largest, securities, brokerage, after, nomura, securities, headquarters, grantokyo, marunouchi, chiyoda, tokyocompany, typepublic, traded, astyo, 860. Daiwa Securities Group Inc 大和証券グループ本社 Daiwa Shōken Gurupu Honsha is a Japanese investment bank that is the second largest securities brokerage after Nomura Securities 2 Daiwa Securities Group Inc Headquarters at GranTokyo in Marunouchi Chiyoda TokyoCompany typePublic K K Traded asTYO 8601TOPIX Large 70 ComponentIndustryInvestment bankingFounded1943 81 years ago 1943 HeadquartersTokyo JapanKey peopleHibino Takashi President and CEO ProductsFinancial services Investment banking Investment management Brokerage firmTotal assets 196 7 billion 2015 1 Number of employees14 889 at March 2022 SubsidiariesDC AdvisoryWebsitewww wbr daiwa grp wbr jp wbr english wbr Major subsidiaries include Daiwa Securities which offers retail services such as online trading to individual investors and investment banking services in Japan as well as Daiwa Capital Markets the firm s international investment banking arm with a presence across Asia Europe and North America that provides M amp A advisory sales and trading services in a variety of financial products to corporate and institutional clients Other group companies provide asset management research and private equity fund services The company is the fourth largest shareholder in SL Green Realty 3 Contents 1 History 1 1 Daiwa Securities SB Capital Markets 1 2 Daiwa Securities Capital Markets Company 2 Member companies 3 Projects 4 See also 5 References 6 External linksHistory editDaiwa Securities SB Capital Markets edit The company was founded in 1999 as Daiwa Securities SB Capital Markets Co Ltd a joint venture between Daiwa Securities Group Daiwa and Sumitomo Bank SB It was renamed in 2001 to Daiwa Securities SMBC Co Ltd after Sumitomo Bank merged with Sakura Bank on 1 April 2001 to form Sumitomo Mitsui Banking Corporation SMBC a wholly owned subsidiary of Sumitomo Mitsui Financial Group SMFG However in 2010 SMBC acquired Nikko Cordial Japan s third largest brokerage at that time Daiwa Securities Capital Markets Company edit Following this step Daiwa dissolved the joint venture with SMBC and re acquired 100 of the shares in the company before renaming it again as Daiwa Securities Capital Markets Co Ltd Finally about two years later the company was absorbed in a merger leaving Daiwa Securities Co Ltd as the sole entity 4 Member companies editDaiwa Financial Holdings Co Ltd Daiwa Securities Co Ltd Daiwa Asset Management Co Ltd Daiwa Institute of Research Ltd Daiwa SB Investments Ltd Daiwa Securities Business Center Co Ltd The Daiwa Property Co Ltd Daiwa Capital Markets America Inc Daiwa Capital Markets Europe Ltd 5 Projects editIn July 2012 Daiwa Securities Group was chosen by the Central Bank of Myanmar to spearhead a 380 million project designed to develop an IT network for the Myanmar government that would connect all ministries as well as schools and hospitals to a cloud computing system and would also entail a secure online banking system for the country 6 See also editDaiwa Anglo Japanese FoundationReferences edit The World s Largest Public Companies Forbes Japan s top three brokerages to pare grad hiring as households shun stocks The Japan Times 11 April 2017 Retrieved 28 May 2020 Putzier Konrad 1 September 2015 Who Will Be Holding the Bag The Real Deal Retrieved 3 September 2015 http www daiwa grp jp data current press 3129 attachment pdf bare URL PDF Group Companies About Daiwa Securities Group Is Myanmar a business opportunity bonanza Investvine com 15 January 2013 Retrieved 3 February 2013 External links edit nbsp Wikimedia Commons has media related to Daiwa Securities Group Official website in Japanese Fundinguniverse com Company History Company history books Shashi Shashi Interest Group April 2016 Wiki collection of bibliographic works on Daiwa Securities Group nbsp This bank insurance or other financial services corporation article is a stub You can help Wikipedia by expanding it vte nbsp This article about a Japanese corporation or company related topic is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Daiwa Securities Group amp oldid 1211766586, wikipedia, wiki, book, books, library,
