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Nomura Securities, San-in Godo Bank finalize financial services alliance

Nomura Securities Co. Ltd. finalized a deal with San-in Godo Bank Ltd. and the regional lender's brokerage unit, Gogin Securities Co. Ltd., to launch an alliance in financial product mediation.

The three companies will jointly offer financial services in the southwestern San-in region, according to a Dec. 12 release.

The Nomura Holdings Inc. securities unit, San-in Godo and Gogin Securities signed a memorandum of understanding on the partnership in August. The alliance is slated to roll out operations from September 2020.