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TOKYO, Jan 4, 2010 - (ACN Newswire) - Daiwa Securities SMBC changed its name to Daiwa Securities Capital Markets Co. Ltd. (hereafter, "the firm") effective on January 1, 2010, and started operation today under the new name.
On December 31, 2009, following the dissolution of the joint venture agreement between Daiwa Securities Group Inc. and Sumitomo Mitsui Financial Group, Daiwa Securities Group companies acquired all shares of the firm (Shareholders: Daiwa Securities Group Inc. 99.97%, Hinode Securities Co. Ltd. 0.03%). As the wholesale arm of Daiwa Securities Group, the firm will continue to operate as an award winning
investment bank that targets 'sustained growth based on customer trust'.
Corporate Profile
Firm Name Daiwa Securities Capital Markets Co. Ltd.
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Head Office GranTokyo North Tower,9-1, Marunouchi 1-chome,
Chiyoda-ku, Tokyo, Japan
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President Shin Yoshidome
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Business Sales & Trading
Underwriting and distribution of securities
Initial public offering
M&A advisory
Research
Others
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Paid-in Capital 255.7 billion Yen
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Shareholders Daiwa Securities Group Inc. 99.97%
Hinode Securities Co. Ltd. 0.03%
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Topic: Press release summary
Source: Daiwa Securities Capital Markets Co. Ltd.
Sectors: Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network
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