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Japan Post Bank, Sumitomo Mitsui Trust, Nomura to form asset-management venture

( June 11, 2015, 02:05 GMT | Insight) -- Japan Post Bank, Sumitomo Mitsui Trust Bank, and Nomura Holdings have agreed to form an asset-management venture catering to individual clients, the Nikkei newspaper reported today. The new company will develop low-risk products to be sold at nationwide po...Japan Post Bank, Sumitomo Mitsui Trust Bank, and Nomura Holdings have agreed to form an asset-management venture catering to individual clients, the Nikkei newspaper reported today. The new company will develop low-risk products to be sold at nationwide post offices. The three partners will announce the plan as early as this month, according to the report....

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