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 .
DBS Group Holdings is set to expand its securities business to Japan next month. After receiving a license from Japan's Financial Service Agency, the bank will target institutional investors who are struggling to make money under negative interest rates within the country. The move comes amid decline in competition in the country.