Japan's Daiwa targets 50% jump in revenue from M&A advisory with focus on US

Japan's Daiwa targets 50% jump in revenue from M&A advisory with focus on US

FILE PHOTO: Daiwa Securities Group's logo is pictured at its headquarters in Tokyo, Japan January 30, 2017. REUTERS/Kim Kyung-Hoon/

Japan’s Daiwa Securities Group Inc aims to boost annual revenue from the M&A advisory business by 50% in eight years by hiring more bankers and acquiring boutique firms to try to expand its presence in the United States.