'We Are In The Early Stages Of Creating A Full Scale Investment Bank

Nomura COO Takumi Shibata told Reuters in March that his firm has aiming to beef up its investment banking footprint in the US.

Shibata told Reuters that, past forays into the US were really just 'a bunch of locally isolated organisations with locally isolated strategies. So (Nomura's) capital was the only thing that was uniting them'. This time, though, it's going to be different.

And Bloomberg has reported that the firm is to hire an additional 35 bankers in the US by year-end (taking headcount up to 100 there). The news agency quotes Glenn Schiffman, Nomura's head of Americas investment banking, who said: 'We are in the early stages of creating a full scale investment bank in the US....Natural resources, financial institutions and industrials are our priority sectors because they represent 65% of fees'.

Bloomberg also reports that Bob Foresman, the Barclays country manager for Russia, has confirmed that his bank is also looking for new hires. Foresman confirmed earlier this week that Barclays had 'a very aggressive strategy' for Russia, and that 'we will need over 100 people just in the broker dealership'.

Finally, The Financial Times reported earlier this month that Macquarie was facing an exodus of 'dozens of senior bankers' from its North American and European operations 'after a second successive year of weak bonuses'. And Jim Rossman, the firm's US equity capital markets chief, is said to have resigned this week, with analysts Joel Simkins and Kenneth Zener resigning Thursday, joining analysts Steve Song and Benjamin Stretch who also recently left.

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