Company type | Subsidiary |
---|---|
Industry | Investment banking Securities trading |
Founded | 2003 |
Headquarters | Chiyoda, Tokyo (HQ) Osaka, Osaka (Branch), Japan |
Key people | Luke Randell (president & CEO, representative director) |
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.
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 Sumitomo Mitsui Financial Group.[2][3]
The investment banking business remained as Citigroup Global Markets Japan.[4]