Nomura to focus on US in its global expansion push

NOMURA, Japan’s largest brokerage, will today officially announce a policy of beefing up its US equities division as it presses on with its global expansion drive.

Nomura Securities (NSI), the firm’s US broker-dealer arm, said it was pursuing a strategy of “market leading teams to build out and leverage Nomura’s global franchise”.

NSI has made a succession of appointments since October last year, bringing in 135 fresh faces in the US as it quietly ploughed ahead with its expansion policy.

The group’s new internationalist strategy has seen global chief executive of equities transfer to New York, the first Nomura global business head to operate out of the US capital.

He has now been joined by Chuck Teixeira as chief operating officer, after he was at the centre of the transition process when Nomura acquired Lehman’s European equities operations.