Nomura Restructures European Leverage Finance Business
London,1st May 2008 – Nomura today announced the re-organisation of its European Leveraged Finance business and has appointed Matthew Previte and Neil Rattenbury as co-heads of the division.
The new structure, formed as a result of the ongoing strategic review of the company's portfolio, will provide a strong platform for the future development of opportunities, and focuses the credit and underwriting activities of the firm within the Global Markets division.
In addition, sponsor coverage activities have been centralised with the Investment Banking Division in order to align the sector and advisory expertise within the firm.
"Nomura remains committed to the leverage finance and sponsor coverage businesses" commented Barry Nix, Head of Global Markets "By restructuring the team we will be able to identify the most compelling opportunities that align with our expertise"
Atsuo Sakurai, Head of Global Asset Finance added "To meet the challenges in today's market it is important that we remain innovative and evolve. This will enable us to deliver the best results for our clients, opening doors into Asia and offering Asia a pathway into Europe"
The new structure take will take immediate effect.
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For further information please contact:
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| Corporate Communications | Nomura International plc | +44 (0)207 521 2480 |
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About 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 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 18,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: domestic retail, global markets, global investment banking, global merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.
