Nomura Financial finally rolls out its service in country

Nomura Financial finally rolls out its service in country Nomura Financial Advisory and Securities (India) Private Limited, a wholly-owned subsidiary of Nomura Holdings Inc., has finally rolled out its equity sales and trading and investment banking operations in India.

It may be noted that, last year in October, Nomura, a global investment bank, bought the majority of Lehman Brothers' employees in India, including the equities sales and trading, equity research, fixed income liquid markets sales and trading, and investment banking teams.

According to an official statement, the equities and fixed income team will be headed by Pankaj Vaish, while investment banking will be led by by Vikas Sharma and Surojit Shome, the statement added.

Tokyo-based Nomura, Japan's largest bank provides investment, financing, and related services to individual, institutional and government customers worldwide. The firm also operates offices in the United States, the United Kingdom, Singapore, and Hong Kong.

Presently, Nomura employs over 2,600 people in India, including its global services hub in Powai, which supports its infrastructure, systems and processes globally.

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