Nomura rebuilds Europe equities business in global push

Global equities chief Yates sees long-term interest in Japan leaving room for growth

20231228N Nomura Holdings

Nomura has hired nearly 40 executive and managing directors this year as it grows globally. © Reuters

AKIRA YAMASHITA, Nikkei staff writer

LONDON -- Nomura Holdings is moving to expand its equities business worldwide, particularly in Europe, where it is making a limited return after its 2016 pullback, Simon Yates, Nomura's global head of equities, told Nikkei.

The Japanese financial group is expanding financing for private equity firms -- a field where it has already established a presence in the U.S. -- into Europe. It has also begun offering "delta one" financial products, which are customized derivatives that closely track the value of an underlying asset.

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