Nippon Wealth (NWB), a restricted licence bank, has received securities trading and securities advisory business licences from the Securities and Futures Commission of Hong Kong.
NWB was established as a wealth management financial institution by Japanese and Hong Kong companies including Monex Group and Shinsei Bank to develop asset management services for individual customers in Hong Kong.
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Combined with a banking licence granted in April 2015, NWB now has established a structure for offering financial services that include banking and securities services in Hong Kong
Nippon Wealth will commence full-scale operations on 12 October 2015.
NWB provides face-to-face services in Japanese for customers visiting its branches, in addition to services in English and Cantonese. It offers support for the asset building of individual customers with asset management needs in Hong Kong.
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