Nomura Group Expands In FX Through London And Singapore
BANKS
Nomura Bank International's (NBI) move two weeks ago to hire Bill Sutton from Merrill Lynch as its new regional head of FX options and chief of financial institutions sales in London is part of a larger push in FX by the bank's parent, Nomura Securities group, according to the NBI's U.K. and European treasury director, Bert Suer. He says the group started up a banking subsidiary in Singapore in May that is handling treasury trading for Nomura in Asia outside Tokyo, as NBI now does in Europe.
Suer
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