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Nomura to scale up WM business in Hong Kong and Singapore

Nomura’s wealth management arm is aiming for a fivefold increase in its AUM for its Hong Kong and Singapore business by March 2026, Bloomberg reported today. Having rolled out an expansion blueprint for wealth management in China last September, the Tokyo-based brokerage firm is now eyeing the already crowded space of private wealth management in Hong Kong and Singapore, Asia’s…

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