Nomura Hires Most Graduates in 4 Years on Japan Recovery

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Nomura Holdings Inc. and Daiwa Securities Group Inc. hired the most university graduates in four years, leading a resurgence in recruitment by Japanese brokerages as the economic outlook improves.

About 650 recruits joined Nomura’s domestic securities unit today, 6 percent more than last year, with most to be assigned to retail operations, said Kenji Yamashita, a spokesman for Japan’s largest brokerage. Daiwa boosted its intake by 50 percent to about 450, spokesman Hiroharu Misawa said.