Nomura IWM targets US$20mn wealth segment with bespoke wealth play

Nomura International Wealth Management (Nomura IWM) is betting that its small scale will allow it to outmanoeuvre global mega-banks, targeting underserved families in the US$15-20 million bracket with bespoke solutions and an increasingly rare in-house trust entity. “Our wealth business continues to be strong – if not stronger – in the last many months,” Anurag Mahesh, head of coverage for…

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