is a Japanese
investment bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing i ...
that is the second largest
securities brokerage
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be con ...
after
Nomura Securities
is a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the Group's core business. Nomura is a financial services group and global investment bank. ...
.
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
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
, research and
private equity fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...
services.
The company is the fourth largest shareholder in
SL Green Realty.
Member companies
* Daiwa 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.
Daiwa Securities Capital Markets Company
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). 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.
[http://www.daiwa-grp.jp/data/current/press-3129-attachment.pdf ]
Projects
In July 2012, Daiwa Securities Group was chosen by the
Central Bank of Myanmar
The Central Bank of Myanmar
(; ; abbreviated CBM) is the central bank of Myanmar (formerly Burma).
Organisation
Its headquarter located in Naypyidaw, and it has branches in Yangon and Mandalay. The Governor is Kyaw Kyaw Maung and three Vi ...
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.
[
]
See also
*
Daiwa Anglo-Japanese Foundation
References
External links
*
Fundinguniverse.com Company History* Wiki collection of bibliographic works on Daiwa Securities Group
Financial services companies based in Tokyo
Primary dealers
Financial services companies established in 1943
Banks established in 1943
Companies listed on the Tokyo Stock Exchange
Japanese companies established in 1943
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