Nomura Holdings, Inc., together with its subsidiaries, provides investment, financing, and related services to corporations, financial institutions, individuals, and governments and governmental agencies worldwide. The company operates through five segments: Domestic Retail, Global Markets, Global Investment Banking, Global Merchant Banking, and Asset Management. The Domestic Retail segment provides investment consultation services primarily to individual customers. The Global Markets segment engages in the sale and trading of equity securities and bonds, and currency exchange to institutions. The Global Investment Banking segment provides investment banking services, such as underwriting bonds and equity, as well as mergers and acquisition, and financial advisory services. The Global Merchant Banking segment invests in private equity businesses. The Asset Management segment develops and manages investment trusts, and provides investment advisory services. The company was founded in 1925. It was formerly known as The Nomura Securities Co., Ltd. and changed its name to Nomura Holdings, Inc. in 2001. Nomura Holdings is headquartered in Tokyo, Japan with additional offices in the United States, the United Kingdom, Singapore, and Hong Kong.