Citigroup Global Markets Japan
Parent Citigroup | | |
| Website | www | |
|---|---|---|
Citigroup Global Markets Japan Inc. (シティグループ証券株式会社, Shitigurūpu Shōken Kabushiki-gaisha) is the division of Citigroup that operates in Japan. It provides investment banking services.
History
Nikko Cordial and Citigroup established a joint venture in Japan in 1999, later called Nikko Citigroup, which operated through a "branch office" in Naha, Japan under the trade name Nikko Salomon Smith Barney Securities (日興ソロモン・スミス・バーニー証券, Nikkō Soromon Sumisu Bānī Shōken).[citation needed]
In October 2007, after acquiring a 68% interest earlier in the year, Citigroup acquired the minority interests in Nikko Cordial.[1]
In September 2009, Citigroup sold Nikko Cordial to
The investment banking business remained as Citigroup Global Markets Japan.[4]
References
- ^ Dolan, David; Gibbs, Edwina (October 2, 2007). "Citigroup to buy rest of Nikko in $4.6 bln deal". Reuters.
- ^ Lagorio, Juan (September 30, 2009). "Citi closes sale of Nikko Cordial to SMFG". Reuters.
- Sumitomo Mitsui Financial Group. October 1, 2009.
- ^ "Citigroup Global Markets Japan Company Overview". Citigroup.