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Nomura Axes Cash Prime Brokerage in U S , Europe After Archegos
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Nomura Halts Coverage of Dozens of Firms as Top Analysts Leave
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Nomura Appoints Alister Moss as COO for Asia ex-Japan Clients
May 11 2021, 7:54 PM
May 11 2021, 11:56 AM
May 11 2021, 7:54 PM
(Bloomberg) Nomura Holdings Inc. appointed Alister Moss chief operating officer for clients in Asia, excluding Japan, to lead a strategy to coordinate between its investment banking and client financing and solutions teams.
(Bloomberg) Nomura Holdings Inc. appointed Alister Moss chief operating officer for clients in Asia, excluding Japan, to lead a strategy to coordinate between its investment banking and client financing and solutions teams.
Moss, currently head of debt syndicate for the region, will step into the new role on May 17, according to an internal memo.
Nomura Sticks to Global Goals After $2.9 Billion Archegos Hit
Bloomberg 2 hrs ago Takashi Nakamichi and Takako Taniguchi
(Bloomberg) Nomura Holdings Inc. is pushing ahead with its global ambitions, unswayed by a $2.9 billion hit from the implosion of Archegos Capital Management.
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Chief Executive Officer Kentaro Okuda in a surprise appearance at Tuesday’s earnings briefing signaled he will persist with plans to build a presence in the U.S. even after the Archegos meltdown led to the Japanese firm’s biggest quarterly loss since 2009.
“There is no major change to our overall strategy for our wholesale business,” Okuda said. “Our Japanese clients’ interest in overseas markets is very strong and they are looking at the U.S. market. It’s important to build a solid platform in the U.S.”
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