Nikko Cordial
Encyclopedia
was a third largest Japanese brokerage firm and the holding company for Nikko Cordial Securities and subsidiaries. In 2008, Nikko Cordial Corporation became a wholly owned subsidiary of Citigroup Inc., upon completion of share exchange and it merged with Citigroup Japan Holdings Ltd. to form Nikko Citi Holdings Inc. In 2009, Nikko Citi Holdings Inc. changed its name to Citigroup Japan Holdings Corp.

Nikko Cordial subsidiaries

  • Monex - Retail securities firm
  • Nikko antfactory - Asset management firm
  • Nikko Asset Management - Asset management firm
  • Nikko Citigroup
    Nikko Citigroup
    is a financial services firm in Japan. It is a joint venture between Citigroup and the Nikko Cordial Corporation.Nikko Cordial and Citigroup first established a joint venture in Japan in 1999 as Salomon Smith Barney Japan Ltd., a company registered and domiciled in the Cayman Islands which operated...

     - Joint venture
    Joint venture
    A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...

     with Citigroup
    Citigroup
    Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...

     involved in investment banking, trading and research.
  • Nikko Cordial Securities - Retail and corporate securities firm
  • Nikko Investor Relations - Wholesale securities firm
  • Nikko Principal Finance - Merchant banking firm
  • Nikko Principal Investments - Merchant banking firm
  • Simplex Investment Advisors - Asset management firm
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