The forerunner of today’s Daiwa Capital Markets started in Japan, known as Fujimoto Bill Broker.
As part of its international expansion, Daiwa Securities opened its first representative office in London.
A UK registered company, Daiwa Europe Ltd, was established.
Daiwa Europe moved into its current offices at 5 King William St. This historic building, built in the early 20th century, is well known in the City of London for its entrance hall replete with marble pillars and magnificent chandelier.
Daiwa Securities became the first Japanese listed company to move to a holding company structure.
The wholesale sector operations of the former Daiwa Securities were merged with certain securities market operations of The Sumitomo Bank to form Daiwa Securities SB Capital Markets.
Daiwa Europe therefore became Daiwa Securities SB Capital Markets Europe.
Daiwa Securities SB Capital Markets Co. Ltd. changed its corporate name to Daiwa Securities SMBC Co. Ltd. Daiwa Securities SB Capital Markets Europe changed its name to Daiwa Securities SMBC Europe.
The European company is renamed Daiwa Capital Markets Europe Limited
Daiwa Securities Group bought Sumitomo Mitsui Financial group's minority stake in the business, and the investment bank became fully part of the Daiwa Group. The company in Japan became Daiwa Securities Capital Markets Co Ltd and the European company was renamed Daiwa Capital Markets Europe Limited. Globally the brand is simply known as Daiwa Capital Markets.
Daiwa's International investment banking companies, including Daiwa Capital Markets Europe, become wholly owned subsidiaries of Daiwa Securities Group Inc.
Daiwa Capital Markets Europe, and other international investment banking companies including Daiwa Capital Markets Asia and Daiwa Capital Markets America, became fully owned subsidiaries of Daiwa Securities Group Inc. The transfer of international operations to Daiwa Securities Group’s holding company enables the firm to strengthen its global corporate governance structure.
Daiwa Europe celebrates 50 years of continuous representation in London.