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Reuters: More US bankers needed for Nomura Holdings

03 March 2010
Reuters: More US bankers needed for Nomura HoldingsA 25 per cent boost in the number of US-based bankers is one of the aims recently set out by Japanese brokerage firm Nomura Holdings.

Reuters reports the company wants to increase its presence in the States to 2,000, as well as beef up its equity and fixed income trading businesses in the country.

In an interview with the news agency, chief operating officer Takumi Shibata said by the end of March Nomura will have succeeded in doubling the amount of US staff it employs.

He added it also wants to generate about three-quarters of its revenue from overseas operations within five years - and the US will drive most of this. Currently, the figure stands at approximately 50 per cent.

Mr Shibata's comments come on the same day as various senior-level appointments were confirmed at Nomura Holdings.

A new head of investment banking has been recruited, as well as a co-head of fixed income in India.
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