Nomura CEO on hunt for global acquisitions to expand wealth business, FT says

Nomura’s CEO Kentaro Okuda is on the hunt for global acquisitions to expand the wealth management business of the company, Leo Lewis and David Keohane of The Financial Times reports. In an interview with the Financial Times, Okuda said the bank was making the shift towards wealth management and adopting a consultancy “mindset.” Okuda wants Nomura to expand its global asset management capacity in preparation for a generational shift in Japan’s investment habits.