Reuters Summit-Nomura seeks licenses in Australia, China

(For other news from the Reuters Japan Investment Summit, click here)

TOKYO, July 8 (Reuters) - Nomura Holdings Inc (8604.T), Japan's largest brokerage, is in the process of applying for an equity license with the Australian Stock Exchange, a top executive told Reuters on Wednesday.

"We haven't received the license yet but we are hopeful," Nomura Chief Operating Officer Takumi Shibata said at the Reuters Japan Investment Summit on Wednesday.

Shibata also said that the bank is seeking a partner in China, which will enable Nomura to handle equity offerings there. The standard in China is for foreign banks to form a joint venture with a local securities firm.

"You need to find the right partner. We are always looking and I don't think we're going to be looking long."

(For blogs from the Reuters Investment Summit, click on: blogs.reuters.com/summits/ )

(Reporting by Junko Fujita, Michael Flaherty and Emi Emoto; Editing by Hugh Lawson)

((junko.fujita@thomsonreuters.com; +81-3-6441-1840; Reuters Messaging: junko.fujita.reuters.com@reuters.net))

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