Deals
Nomura to Hire 20 Bankers After Cutting Asia Equity Jobs
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Nomura Holdings Inc.’s on-again, off-again global expansion is taking another twist with plans to hire investment bankers in the U.S. and Asia even as it trims equity staff in Hong Kong.
Japan’s biggest brokerage will recruit about 20 senior bankers to boost its mergers and acquisitions business, global investment banking head Kentaro Okuda said. It cut about 12 Asia equities jobs to focus on more profitable operations, a person with knowledge of the matter said yesterday.