Nomura and LINE to Launch Securities Brokerage Firm

[kreslik.news]

Nomura , a Japanese brokerage and investment banking group, announced this Friday that they have signed a joint venture agreement with LINE and LINE Financial Corporation, a subsidiary of LINE. The joint venture will see them establishing LINE Securities Corporation that will provide securities brokerage and securities investment consultation services.

Released in 2011, LINE started life as a messaging application. It was created in the wake of the Tohoku earthquake when employees at NHN Japan, a mobile and PC video game developer, were forced to communicate via the internet after phone lines were down. Since then the company has ... (read more)