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RPT-Samsung Securities to return to Japan - Nikkei

Thu Jan 8, 2009 6:50pm EST

Stocks

   

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TOKYO, Jan 9 (Reuters) - South Korea's Samsung Securities Co (016360.KS) will re-enter Japan, taking advantage of milder competition with the shrinking operations of U.S. and European brokers, the Nikkei business daily reported on Friday.

Samsung, which pulled out of Japan in 2004, will open an outlet this month, the newspaper said.

Samsung is expected to offer advisory services on mergers and acquisitions between Japanese and South Korean companies and to market South Korean equities and bonds, the Nikkei said. (Reporting by Yumiko Nishitani)



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