Nomura Continues Expansion of Fixed Income in the Americas

NEW YORK, Oct. 9 /PRNewswire/ -- Nomura today announced that industry veterans Charles Spero and Jeffrey Michaels have joined as Managing Directors and joint heads of Fixed Income in the Americas. They will be based in New York responsible for all Fixed Income functions including sales, trading, research and structuring. Both report globally to Tarun Jotwani, Senior Managing Director and Global Head of Fixed Income and locally to Shigesuke Kashiwagi, President and Chief Executive Officer of Nomura in the Americas.

Commenting on the new hires, Mr Kashiwagi said, "We are delighted to have Charlie and Jeff join Nomura. I look forward to working with them and the other individuals that have joined our Fixed Income team. We have been organically building our US presence following our acquisition of Lehman's International operations last year. The professionals that we have hired will help us leverage our franchise on a global basis."

"Charlie and Jeff are acknowledged leaders in their fields with a long history of success. It is very exciting to have two proven professionals of their caliber leading our effort in this most important of markets. We now have a superb team across our core Fixed Income businesses, including rates, foreign exchange, securitized products and credit," said Mr Jotwani.

Mr Spero joins Nomura from Barclays Capital where he was responsible for the trading of all non-agency, asset-backed and commercial mortgages, securities, derivatives and indices within the securitized products business. He previously spent 12 years at Lehman Brothers, most recently as Head of Securitized Products for the Americas, which was one of the firm's largest and most significant businesses.

Mr Michaels most recently served at Citigroup, as Head of Rates Trading in North America. He previously served at Lehman Brothers for eight years, becoming Head of US Rates trading in 2006. Prior to that, he spent 11 years at J.P. Morgan where he became their Head of US Volatility Trading and ran the options trading desk which held number one market share.

In addition to hiring Charles Spero and Jeffrey Michaels, Nomura has hired 28 Managing Directors in Fixed Income in the Americas since January 2009.

    For further information, please contact:
    Name                       Company           Telephone
    Ralph Piscitelli           Nomura            212-667-2430
    Patrick Meyer              Nomura            44-207-102-7252

Notes to editors:

Nomura

Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.

SOURCE Nomura