Nomura plans more hires in equity derivatives, eyes China

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Nomura has been on a hiring spree as it fights for a larger share of Asia’s fiercely contested structured products market. And it has no plans to stop: more hires and a push into China are on the cards for 2019.

This year the bank intends to recruit between five and 15 structuring and solution sales specialists in Asia ex-Japan, says Rob Webb, who heads Nomura’s equity products unit in the region. The unit has already added 20 staff, mostly traders, in the past 12 months.

One of Webb’s goals

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