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Nomura Hires Former Bank of America Merrill Lynch Banker

HONG KONGâ€"Nomura has hired a former high-ranking investment banker at Bank of America Merrill Lynch to serve as the Japanese bank’s new head of equities for Asia excluding Japan, according to an internal memo obtained by DealBook.

Yasuhiro Fujiwara will join Nomura as a managing director and will also serve as the head of equity derivatives trading for the Asia Pacific region, according to the memo, the contents of which were confirmed by a Nomura spokesman.

At Bank of America Merrill Lynch, Mr. Fujiwara served as head of equities for Asia Pacific until he left in 2011. Before that worked at UBS Japan and JP Morgan. He will be based in Hong Kong and work closely with Norikazu Akedo, head of Nomura’s Japan equities business from Tokyo.