Nomura Establishes Office in Russia
Tokyo, March 13, 2007 – Nomura Holdings, Inc. today announced it has opened an office in Moscow, Russia. Nomura (CIS) Ltd is the latest addition to Nomura's global network and now expands its reach in the EMEA region to 14 offices in 13 countries.
Nomura will provide a full range of investment banking products and services to its clients in Russia, and its unique positioning as both the leading Asian investment bank and one of the largest global investment banks will provide Russian businesses with unparalleled access to the Asian markets, as well as enabling them to leverage Nomura's strong distribution networks, both in Asia and Europe.
Christian Thun-Hohenstein, Head of European Investment Banking, at Nomura said: "Nomura is committed to strategically building our operations in the emerging markets. And as one of the most exciting and fast-growing new economies, Russia and the CIS is a key growth market for us. Nomura has been active in the region for over 10 years; establishing a physical presence in Moscow is a logical continuation of our business model that allows us to be closer to our clients and therefore better able to provide solutions to their increasing financing needs."
Maxim Seltzer has been appointed General Director for Nomura (CIS) Ltd. He joined Nomura in June 2006 from Daiwa Securities. In his role as Head of Russia and the CIS within Nomura's investment banking division, Mr Seltzer will be responsible for overseeing all aspects of Nomura's business activity in the region. Mr Seltzer said: "Nomura has been active in the region for some time, and we have already been involved in several landmark transactions. We have a very healthy pipeline and we intend to bring innovative products and services to Russian businesses. Nomura fully intends to be a key player in the further development of the Russian and CIS financial markets." Mr Seltzer continued to say that “Nomura will commence operations with a team of five investment bankers based in Moscow, and they will be supported by a network of experts strategically located in the leading financial centers around the globe."
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Nomura Group
Nomura is a global financial services group dedicated to providing a broad range of financial services for individual, institutional, corporate and government clients. The Group offers a diverse line of competitive products and value-added financial and advisory solutions through its global headquarters in Tokyo, over 140 branches in Japan, and an international network in 30 countries; with regional headquarters in Hong Kong, London, and New York. The Group's business activities include investment consultation and brokerage services for retail investors in Japan, and, on a global basis, brokerage services, securities underwriting, investment banking advisory services, merchant banking, and asset management. For further information about Nomura please visit our website at www.nomura.com.
