Nomura Holdings Inc. plans to hire bankers in the United States, resuming a push to boost investment banking in a market that remains a priority for Japan's biggest brokerage following a round of cost cuts.
The Tokyo-based firm anticipates rising volumes of mergers and stock offerings in the U.S., said Chief Operating Officer Tetsu Ozaki, who is seeking bankers to cover industries including technology and pharmaceuticals. While the brokerage has no clear numerical target, it has room to recruit 20, Ozaki said in an interview last week.
His remarks reflect Nomura's strategy to selectively tap opportunities for growth in the world's biggest investment-banking market, even as it shrinks in areas such as equity research and leveraged finance.