Sun Group Holdings is set to expand its securities business to Japan next month . After receiving a license from Japan 's Financial Service Agency , the company will serve institutional investors who are unable to make money under negative interest rates within the country . DBS Bank, the core of the group, opened a Tokyo branch in 1977. The move came amid decline in competition in the country .
Sun Group Holdings is set to expand its securities business to Japan next month . After receiving a license from Japan 's Financial Service Agency , the company will serve institutional investors who are unable to make money under negative interest rates within the country . The move came amid decline in competition in the country .