Two of Nomura’s top investment bankers are reportedly relocating to Asia after a brief stint in London.
Nomura’s global markets unit will see its head Rig Karkhanis and chief operating officer Aleem Jivraj move back to Singapore, according to a «Bloomberg» report citing a memo. This follows a brief one-year stint in London.
In 2023, the unit added more than 400 people and axed non-revenue generating roles to diversify the business mix and deliver stable earnings, the report noted. Within the Asia ex-Japan region, this included over 20 hires across the equity derivatives, flow and structured financing businesses.
