Izumi Devalier

BofA Securities Japan Co., Ltd. (BofA Securities Japan) is the wholly-owned Japanese brokerage subsidiary of Merrill Lynch International, Inc., which is ultimately owned by Bank of America Corp. (NYSE: BAC). Founded in 1998, the firm was formerly known as Merrill Lynch Japan Securities Co., Ltd. (MLJS) and changed their name to BofA Securities Co., Ltd. in line with grobal re-branding from BofA Merrill Lynch to BofA in 2020. They subsequently became BofA Securities Japan Co., Ltd. Headquartered in Tokyo, BofA Securities Japan provides stock and bond trading, capital markets, investment banking and other advisory services to corporate clients, financial institutions and government agencies.

The Hongkong & Shanghai Banking Corp. Ltd. (Broker) (HSBC-Broker) is the brokerage division of The Hongkong & Shanghai Banking Corp. Ltd. in Hong Kong. Their ultimate parent is HSBC Holdings Plc (LON: HSBA), a multinational investment bank and financial services holding company headquartered in London, UK. HSBC-Broker provides securities brokerage services to their clients.

HSBC Investment Bank Asia Ltd. was founded in 2005 and is based in Hong Kong, Hong Kong. The Chinese company offers a range of financial services including bank accounts, investments, insurance, credit cards, loans, mortgages, savings, and wealth management solutions. HSBC Investment Bank Asia Ltd. also provides guidance on investing in bonds and offer unit trust funds that allow for diversified portfolio investments across different asset classes globally.