Japan's Daiwa eyes 40% growth in M&A advisory revenue in few years

Japan's Daiwa eyes 40% growth in M&A advisory revenue in few years

A logo of Daiwa Securities is pictured at the company's lobby in Tokyo December 21, 2012. REUTERS/Yuriko Nakao

Daiwa Securities Group Inc expects its M&A advisory revenue to grow more than 40% as soon as in a few years, its CEO told Reuters, as Japan’s second-largest brokerage and investment bank expands its global footprint in the advisory business.