Operations
Nomura provides a range of services through the capital markets including equities and fixed income trading, brokerage, underwriting, offering, secondary offering and private placement of securities. The investment banking arm provides corporate and leveraged financing.
Nomura previously made most of its profits in the Japanese retail banking market but has expanded its international investment banking capabilities.
Nomura divides its operations up into three regional areas, America, Asia-Pacific and Europe, Middle East & Africa (EMEA). The American operations are predominantly focused on offices in the New York and New Jersey areas with additional offices in Toronto, Canada and Bermuda, employing 1,300 staff in the US; investment banking in the US is headed up by Glenn Schiffman. There are 32 offices across the Asia Pacific region headquarters are located in Hong Kong, including Australia, China, Hong Kong, Japan, Malaysia, Singapore and Taiwan. EMEA employs 4,500 people in 18 countries, the chairman is Colin Marshall and the CEO is John Phizackerly. In December 2009 Reuters reported that Nomura had raised $7 billion of extra funding through issuing additional shares.
Nomura's four business lines (global markets, investment banking, merchant banking and asset management) are coordinated globally but each European operating entity is incorporated and regulated separately and reports to local management as well as Tokyo-based business leads
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