Siegel will join Nomura in late June.
'We are very excited to bring Simeon onto the team at Nomura, where he will be a great partner to our hardlines retail analyst, Aram Rubinson, in delivering an outstanding retail research offering', says Michael Rietbrock, Global Head of Equity Research.
Siegel joins Nomura from J.P. Morgan, where he was a member of the #1 ranked team in Institutional Investor’s Retailing / Specialty Stores category. Prior to joining J.P. Morgan, Siegel was with Goldman Sachs and Janney Capital Markets.
'We are committed to providing the most relevant, incisive and value-added research to our clients', said Michael Lean and Lisa Thomas, Co-Heads of Americas Equity Research. 'Simeon will offer a fresh perspective in the specialty retail sector, which we expect will resonate strongly with investors in the Americas and internationally'.
Equity research in the Americas currently has approximately 200 stocks under coverage across the following sectors: financial services, technology, software, media and telecoms, consumer, retail, industrials and basic materials.
Nomura is currently ranked #1 for Japanese equity research by Nikkei and Institutional Investor, #7 in Institutional Investor’s All-Asia survey, #11 in Institutional Investor’s All-Europe rankings and #13 in Institutional Investor’s All-America survey.