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Nomura Holdings is steadily building its global wealth management business and plans to further expand its Singapore and Hong Kong hubs, as Japan's biggest securities firm accelerates a push into a highly competitive sector. Just over a year after Nomura snagged Ravi Raju to spearhead its ambitions in the wealth operations, the veteran banker has led a hiring spree as part of its efforts to diversify from its home market and capture a slice of an affluent and growing pool of Asian clients.
Prices have surged. Fuel, food and the lot. Most gifts too. Inflation has got many worried, and not just consumers.
In March this year, the little known hedge fund blew up and sent shockwaves through the world of investment banking.