Nomura to increase sales staff in Singapore, Hong Kong

Nomura Holdings Inc. is looking to increase the number of its sales staff in Singapore and Hong Kong by the end of March 2023 to 100, The Nikkei reported March 14.

The company currently has 60 sales staff in Singapore and Hong Kong.

The move comes as Nomura continues to utilize Singapore's convenient location between east and south Asia.

The Japanese group also targets raising its AUM to $35 billion by the end of March 2025.