Nikko Citigroup
Encyclopedia
is a financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

 firm in Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

. It is a 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...

 between 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...

 and the Nikko Cordial Corporation.

Nikko Cordial and 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...

 first established a joint venture in Japan in 1999 as Salomon Smith Barney Japan Ltd., a company registered and domicile
Domicile
*In architecture, a general term for a place of residence or "permanent residence" in legal terms*Domicile , the zodiac sign over which a planet has rulership...

d in the Cayman Islands
Cayman Islands
The Cayman Islands is a British Overseas Territory and overseas territory of the European Union located in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac, and Little Cayman, located south of Cuba and northwest of Jamaica...

 which operated through a "branch office" in Japan under the trade name .

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
Tokyo Stock Exchange
The , called or TSE for short, is located in Tokyo, Japan and is the third largest stock exchange in the world by aggregate market capitalization of its listed companies...

, Osaka Stock Exchange, Nagoya Stock Exchange
Nagoya Stock Exchange
Nagoya Stock Exchange is a stock trading market in Nagoya, Japan. It is Japan's third largest exchange, behind the Tokyo Stock Exchange and Osaka Securities Exchange.- History :...

 and JASDAQ. Its headquarters are located in the Shin-Marunouchi Building in Otemachi, Chiyoda, Tokyo
Chiyoda, Tokyo
is one of the 23 special wards in central Tokyo, Japan. In English, it is called Chiyoda ward. As of October 2007, the ward has an estimated population of 45,543 and a population density of 3,912 people per km², making it by far the least populated of the special wards...

. It also has a branch office in the Sonezaki district of Kita-ku
Kita-ku, Osaka
is one of 24 wards of Osaka, Japan.-Economy:West Japan Railway Company has its headquarters in Kita-ku. Nihon Bussan has its headquarters in Kita-ku. Dentsu and Yomiuri Shimbun have branch offices in Kita-ku. Mazda has an office in the Umeda Sky Building Tower East. Air France has an office on the...

, Osaka
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...

.

In October 2007, Citigroup purchased Nikko Cordial Corporation.

At the 2008 ALB Japan Law Awards, Nikko Citigroup was crowned:
  • In-House of the Year - International Investment Bank In-House Team of the Year
  • Deal of the Year - M&A Deal of the Year
  • Deal of the Year - Japan Deal of the Year

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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