public company | |
Traded as | : TOPIX Large 70 Component |
Industry | Investment banking |
Founded | 1943 |
Headquarters | Tokyo, Japan |
Key people
|
Hibino Takashi (President and CEO) |
Products |
Financial services Investment banking Investment management Brokerage firm |
Total assets | $196.7 billion (2015) |
Number of employees
|
14,456 (at March 2008) |
Website | www |
Daiwa Securities Group Inc. (大和証券グループ本社 Daiwa Shōken Gurūpu Honsha) is a Japanese investment bank that is the second largest securities brokerage after Nomura Securities.
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 is the fourth largest shareholder in SL Green Realty.
In 2012, Daiwa Securities Capital Markets Co. Ltd. was absorbed in a merger leaving Daiwa Securities Co. Ltd. as the sole entity
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.