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It's straightforward to push out a poorly-performing CEO. It's harder to do when a once-successful chief executive is out of new ideas.

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Rockwall County Helping Hands honors volunteers

Rockwall County Helping Hands honors volunteers
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Nomura aims to boost US credit portfolio to US$50 billion within 10 years, executive says

Nomura aims to boost US credit portfolio to US$50 billion within 10 years, executive says
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City ofUnited kingdomNomura holdingsRobert starkCapital management

Nomura aims to boost US credit portfolio to US$50 billion in 5-10 years, executive says

TOKYO: Nomura Holdings aims to expand its US credit portfolio to US$50 billion within 10 years and may seek small acquisitions to beef up its private credit business, the top Japanese investment bank's US asset management chief said. The goal is line with Nomura's strategy to increase investments in privat

City ofUnited kingdomNomura holdingsRobert starkCapital management

Nomura aims to boost US credit portfolio to $50 billion in 5-10 years, executive says

Nomura Holdings aims to expand its U.S. credit portfolio to $50 billion within 10 years and may seek small acquisitions to beef up its private credit business, the top Japanese investment bank's U.S. asset management chief said. The goal is line with Nomura's strategy to increase investments in private markets and diversify sources of revenue to cushion the impact from wild fluctuations in the performance of its global trading business. "We want to definitely grow this (U.S. credit) business collectively, quite substantially over the next five to 10 years to $50 billion or more" in assets under management, Robert Stark, who heads the U.S. asset management business, told Reuters in an interview.

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