Type | Joint venture |
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Industry | Investment banking Securities trading |
Founded | 2003 |
Headquarters | Tokyo, Japan (HQ) Osaka, Japan (branch) |
Key people | Yuji Shirakawa, Chairman Sim S. Lim, President/CEO |
Owner(s) | Citigroup |
Employees | 1,700 |
Website | www.nikkocitigroup.com |
Nikko Citigroup Limited (日興シティグループ証券株式会社 Nikkō Shitigurūpu Shōken Kabushiki-gaisha ) 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 through a "branch office" in Japan under the trade name Nikko Salomon Smith Barney Securities (日興ソロモン・スミス・バーニー証券 Nikkō Soromon Sumisu Bānī Shōken ).
The company was re-incorporated in Japan in December of 2003 and renamed Nikko Citigroup as part of an overall unification of the Citigroup brand.
Nikko Citigroup is a member of the Tokyo Stock Exchange, Osaka Stock Exchange, Nagoya Stock Exchange and JASDAQ. Its headquarters are located in the Shin-Marunouchi Building in Otemachi, Chiyoda, Tokyo. It also has a branch office in the Sonezaki district of Kita-ku, Osaka.
In October 2007, Citigroup purchased Nikko Cordial Corporation.
At the 2008 ALB Japan Law Awards[1], Nikko Citigroup was crowned:
In October 2010, this entity was rebranded and renamed Citigroup Global Markets Japan. The new website is http://www.citigroupglobalmarkets.co.jp/english/.
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