Daiwa says 2010 is a year for hiring

Daiwa Securities GroupÆs deputy president Takashi Hibino talks about the firmÆs 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...

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