Barings Lawsuit Over Talent ‘Raid' Ups the Ante in Private-Credit Tussle [Yahoo! Finance]
Nomura Holdings Inc ADR American Depositary Shares (NMR)
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nomuraholdings.com/investor
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Source: Yahoo! Finance
in years” is laying bare just how fierce the competition is for experienced talent in the niche but lucrative $1.7 trillion private credit market. Most Read from Bloomberg Apple Is in Talks to Let Google Gemini Power iPhone AI Features Musk Says His Ketamine Prescription Is in Investors' Best Interests Putin Warns Russia Won't Stop After Predictable Election Win Nvidia Unveils Successor to Its All-Conquering AI Processor Nvidia Backs Little-Known Upstart in India's Biggest AI Bet Yet Corinthia, a new private-credit manager backed by Nomura Holdings Inc., hired more than 20 people from Barings earlier this month, a sizable poaching move that shocked the industry with its audacity. On Monday, Barings responded by suing Corinthia and two former employees — Ian Fowler and Kelsey Tucker — to stop the new firm from hiring more employees and soliciting Barings customers. It's also seeking damages. The talent war is heating up in private credit as the value of seasoned players
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NMR
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/19/24 - Form 6-K
- NMR's page on the SEC website