NEW YORK – Nomura Holdings Inc. has hired Jefferies Group LLC’s Michael Rintoul and First Reserve Corp.’s Frank Kinney as Japan’s largest brokerage seeks to expand U.S. investment banking.
Rintoul and Kinney were among 15 senior bankers added by Nomura’s Americas division to cover about a half-dozen industries, the company said Monday.
Kinney, who has worked at Deutsche Bank AG and Goldman Sachs Group Inc., will be head of industrials in the Americas, while Rintoul will oversee business-services banking. Both are managing directors.
Tatsuya Kobayakawa, a managing director for investment-banking strategic planning, said in September that the firm planned to recruit bankers to lead U.S. coverage after conducting a review of its businesses. Nomura is rebuilding its overseas operations after cutbacks following its purchase of parts of Lehman Brothers Holdings Inc. in 2008.
Also hired as managing directors were Morgan Stanley’s Miguel Espinosa in the financial sponsors group; Christopher Harned in consumer products; Lisa Stein, formerly of Bank of America Corp., in consumer retail; Charles Thompson in natural resources; Arun Master and Scott Napolitano in health care; Rudy Balseiro as head of equity syndicate; Thomas Prior in financial sponsors; Christopher Striedter in industrials; Mark Liggitt in leveraged finance; and Abzal Ayubeally in financial institutions.
Named as executive directors were Macquarie Capital USA Inc.’s Andrew Horn in industrials and Caio Costa, formerly of Deutsche Bank, who will work in the Sao Paulo office, Nomura said.