Daiwa says 2010 is a year for hiring

By Winnie Tang | 30 November 2009
Keywords: daiwa | hiring | expansion | takashi hibino | hiroyuki nomura
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Daiwa Securities Group’s deputy president Takashi Hibino talks about the firm’s expansion plans in Asia.

Daiwa Securities Group plans to invest $1 billion to expand in the region, deputy president Takashi Hibino told a media briefing in Hong Kong last Thursday.

Daiwa, Japan's second largest brokerage, is aiming to become one of the top five brokers in Asia ex-Japan by 2012 and seeks a top-10 league table ranking for Asia ex-Japan investment banks by March 2013.

"We know that this is a bold target, but we are very committed to enter the Asian market and are taking every step seriously," said Hibino.

The group has decided to make Hong Kong its Asia headquarter...

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March 2010