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Stock impact report

Japan's Nomura aims for increased deal-related business in U.S. push: CEO [Reuters]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Reuters
Japan's Nomura aims for increased deal-related business in U.S. push: CEO | Reuters 3 Min Read TOKYO (Reuters) - Nomura Holdings Inc ( 8604.T ) aims to increase its share of business arranging foreign exchange hedging, acquisition finance and other deal-related services for corporate clients in the United States, the CEO of Japan’s biggest investment bank said. The bank is in the process of re-allocating global resources to shift its growth focus to the Americas, which has the world’s largest pool of investment banking fees. It is trying to build up businesses there without taking on bigger risks. “Our key words are ‘America’, ‘corporate clients’ and ‘solutions business’,” Koji Nagai told Reuters in an interview. He said Nomura’s global markets business - involving the trading of fixed income and equity - remains an important source of revenue but is not currently under consideration for further expansion. “Rather, our focus is on advisory and primary business, which are not subject Show less Read more
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