Nomura of Japan said on Monday that it had hired several senior bankers to take various posts at its investment bank as the firm continues to expand its presence in the Americas.
The new executives are:
- Stephen Roti, who is leaving Barclays to become the firmâs head of equity capital markets in the Americas.
- Christopher Baldwin, who is departing Bank of America Merrill Lynch to lead a new investment banking team focused on real estate, gambling and hotel companies.
- Anthony Viscardi, who is coming from Deutsche Bank to focus on the residential mortgage industry.
- Timothy Wilding, who is leaving Oppenheimer & Company to advise chemical companies.
- Daniel Rodrigues, most recently of UBS, and Arthur Rubin, a longtime banker, will focus on Latin American and South American banking assignments.
The new appointments are part of Nomuraâs effort to expand its investment bank in the Americas. It more than doubled its staff between March of 2008 and March of this year, to about 2,300 people.
Much of that growth has come from hiring bankers and traders, rather than buying up existing businesses, as Nomura did in Europe and Asia with its purchase of Lehman Brothersâ international investment banking operations.
âNomura is committed to increasing its investment banking capabilities in the Americas, with targeted hiring and the thoughtful growth of its product offering, in order to deliver the power of the firmâs global franchise to its clients,â James DeNaut, Nomuraâs head of Americas investment banking, said in a statement. âWe continue to look for talented individuals to drive the strategic expansion of our operation.â
Nomura is starting to see some results from that hiring spree. In the companyâs most recent fiscal year, the Americas contributed 29 percent of overall revenue from banking and trading, up from 22 percent in the 2010 fiscal year.
In recent years, Nomura has advised on a number of transactions, including Marubeniâs $3.6 billion purchase of the grain merchant Gavilon and Itochuâs purchase of Doleâs Asia fresh fruit business.