Nomura Revamps US Biz Amid Private Credit Push

Japanese financial services giant Nomura Holdings announced plans Monday to reorganize and expand its U.S. investment business, as the firm executes a $680 million strategy to bolster its global asset management footprint. Nomura will have to be “remarkably lucky” to find a private credit firm that will fit its criteria at a price that has some upside for growing revenue, said Neil Bathon, a managing partner at FUSE Research.

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Article published on March 12, 2024