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Daiwa Securities Capital Markets Co.Ltd.
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Daiwa Securities Capital Markets Co.Ltd. : ウィキペディア英語版
Daiwa Securities Capital Markets Co.Ltd.
Daiwa Securities Capital Markets Co.Ltd. (formerly known as Daiwa Securities SMBC Co. Ltd.) was a Japanese investment bank with headquarters in Tokyo. The company provides M&A advisory, sales and trading services in a variety of financial products to corporate and institutional clients. Daiwa CM has major subsidiaries in Hong Kong, London and New York.
The company was founded in 1999 as Daiwa Securities SB Capital Markets Co. Ltd. (renamed in 2001 to Daiwa Securities SMBC Co. Ltd.), a joint venture between Daiwa Securities Group (Daiwa) and Sumitomo Mitsui Financial Group (SMFG). However, in 2010, SMFG acquired Nikko Cordial, at that time Japan's third largest brokerage. Following this step, Daiwa dissolved the joint-venture with SMFG 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 merged with Daiwa Securities Co. Ltd.〔(Daiwa Securities Group Inc. / Corporate History )〕
==References==


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