Nomura Hires Michael McCormack as Senior Analyst for Telecom, Cable and Satellite in US Equity Research
New York, August 4, 2010 – Nomura Securities International, Inc. announced today that Michael McCormack will join the firm as a Managing Director and senior analyst covering the Telecom, Cable & Satellite sector in the firm's US Equity Research department.
McCormack, who will be joining Nomura from JPMorganChase, is an established leader and highly-regarded analyst in the Telecom Services industry. Institutional Investor has recognized him as the #3 ranked analyst in the sector for the last three years.
"Michael McCormack's hiring continues the strong momentum of Nomura's US Equity Research build," said Michael Rietbrock, Head of US Equity Research. "Michael has a deeply established franchise in the Telecom, Cable, & Satellite sector, which will complement our dominant research position in the Media sector, led in the US by Michael Nathanson. We will continue to build upon our strong global platform and add top research talent across our priority industry sectors."
In its most recent survey, Institutional Investor ranked Nomura's Telco research teams #1 in Europe and Japan, and Runner-Up in Asia. Michael McCormack and Michael Nathanson will work closely with their highly ranked counterparts in these regions.
Nomura is ranked #1 for Japanese equity research by the Nikkei and Institutional Investor, #1 in Institutional Investor's first ever All-China research rankings and #2 in Institutional Investor's All-Asia and All-Europe rankings.
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For further information please contact:
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| Name | Company | Telephone |
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| Peter Truell | Nomura Holding America Inc. | +1 212-667-9971 |
| Jonathan Hodgkinson | Nomura Holding America Inc. | +1 212-667-1484 |
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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 over 27,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, wholesale (global markets, investment banking, and other wholesale), and asset management. Nomura's subsidiaries in the US include Nomura Securities International, Inc. and Nomura Securities North America, LLC, its investment banking arms in the United States, and members of SIPC. For further information about Nomura, please visit www.nomura.com.
