Nomura has named two former Lehman executives as leaders of its fixed income, Americas unit. Charles Spero and Jeffrey Michaels will report globally to Tarun Jotwani, global head of fixed income, and locally to Shigesuke Kashiwagi, president and chief executive officer for the Americas.
Spero previously worked as a trading executive for Barclays Capital. Prior to his stint at Barclays, Spero spent 12 years at Lehman Brothers, his last position being head of securitised products for the Americas.
Michaels was most recently head of rates trading in North America for Citigroup. He is an eight-year veteran of Lehman, and was named head of US rates trading in 2006. Both Spero and Michaels will be based in New York.
Nomura’s fixed income, Americas team is expected to reach 200 staff members by March 2010. The team has hired 28 managing directors since January this year.
More on People
Head of clearing and risk understood to be moving into private practice
Dealer rejigs multi-asset group management with internal promotions
Gérardin replaces Papiasse, who stays, but focuses on "remediation plan"
Former SG Asia sales head Nicolas Reille joins Natixis in Hong Kong
Loomis Sayles vice-chairman discusses the US credit markets
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
The European securitisation markets were among the hardest hit by the financial crisis: large losses on a range of securitised products led to a drop-off in investor demand, while prohibitive spreads made...
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.