Japanese Giant's $1.8B Shopping Spree Triggers Asset Management Industry Reboot

Money knows no borders, and apparently neither does Nomura Holdings. The Japanese financial powerhouse just dropped a cool $1.8 billion to snatch up Macquarie Group's public asset management operations in the US and Europe, proving that sometimes the best way to make friends in the West is to buy them.

From Sushi to Wall Street

This power move will boost Nomura's assets under management to a whopping $770 billion, with over 35% coming from outside Japan. That's like going from being the big fish in a Japanese pond to swimming with the sharks in international waters - except they're bringi...