Nomura Hires Kin Lee for Commercial-Mortgage Debt as Bonds Surge

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Nomura Holdings Inc. hired Kin Lee as an executive director to trade commercial-mortgage backed securities as the debt rallies the most in more than four years.

Lee started at the bank in New York today, Jonathan Hodgkinson, a spokesman for Nomura, said in a telephone interview. Lee reports to James Im, head of CMBS trading in the Americas.