NOMURA News Release

Nomura Bolsters US Economic Research with Hire of Ellen Zentner

New York, May 16, 2011 – Nomura, the global investment bank, today announces that Ellen Zentner has joined the firm as Executive Director and Senior Economist for the US.

Ms. Zentner will be responsible for providing in-depth analysis and research on macro-economic trends affecting the US economy, while also proactively identifying and communicating anomalies in market data which signal important economic shifts.

Michael Guarnieri, Global Head of Fixed Income Research, said "We believe Ellen's ability to provide forecasts and instantaneous advice to Nomura's clients as well as our own sales and trading teams will be a valuable complement to our global economics franchise."

Paul Sheard, Chief Global Economist and Head of Economic Research, said "We are delighted to welcome someone of Ellen's considerable experience and deep insight on the US economy to Nomura's already strong US and global economics team."

Before joining Nomura, Ms. Zentner was Senior US Macro Economist at Bank of Tokyo-Mitsubishi, based in New York, covering macro-economic forecasting, policy and financial market analysis. She regularly appears in the media and has a strong international broadcast presence with Bloomberg News, CNBC and CBS Evening News among other media.

The addition of Ms. Zentner to cover US economics enhances Nomura's highly-ranked global economics research team, which currently comprises over 30 economists covering Asia, Europe, North America and Latin America. Nomura's research team for the Americas is currently ranked #7 in Institutional Investor's most recent All-America Fixed Income Research Team Survey.


For further information please contact:

Name Company Telephone
Peter Truell Nomura +1 212 667 9971
Jonathan Hodgkinson Nomura +1 212 667 1484


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 approximately 27,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking). 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