Nomura to resume hiring of US bankers after cost cuts
Tokyo
NOMURA Holdings Inc plans to hire bankers in the US, resuming a push to boost its investment banking business in a market that remains a priority for Japan's biggest brokerage following a round of cost cuts.
The Tokyo-based firm anticipates rising volumes of mergers and stock offerings in the US, said chief operating officer Tetsu Ozaki, who is seeking bankers to cover industries including technology, consumer and pharmaceuticals. While the brokerage has no clear numerical target, it has room to recruit 20, Mr Ozaki said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Bitcoin developers are touting ‘programmability’ as the catalyst for the next rally
Kiwi looks to RBNZ rate decision to build on bullish momentum
US regulators reconsider capital hike for big banks
Deutsche Bank’s risk transfer enables more green mortgages
Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down
Bank of America to pay US$2.9 billion for portfolio of WaFd multifamily loans