Nomura has announced the appointment of Pascal Bandelier and Paul Sangimino as Co-Heads of US Cash Equities.
Both joined the firm this summer and have been focused on building the firm's trading and sales trading capabilities for institutional clients.
Pascal Bandelier, who will run cash equities trading and trade the technology sector, will be based in New York and joined from Barclays Capital, where he oversaw trading for technology, media and telecommunications stocks. He will be responsible for market making in all US common stocks, risk management, and the customer-facing team of sector specialists. He graduated from Northwestern University, where he earned a Bachelor of Science in Economics.
Paul Sangimino, who will manage cash equities sales trading as well as cover institutional investors, will be based in New York and joined from Citigroup, where he was head of US cash equity trading. Prior to that, Paul worked on the Lehman Brothers equities trading desk. He graduated from Bucknell University and received an MBA from Columbia Business School.
"Pascal and Paul have brought together an outstanding team of traders, sales traders and desk analysts to build a strong Americas business that will complement our leading global cash equities team, as well as our powerful derivatives, convertibles, programs, prime, electronic and international desks in the US," said Ciaran O'Kelly, senior managing director and Head of Equities for the Americas. "Our clients will benefit from their execution expertise, actionable trading ideas and market intelligence that spans products, sectors and geographies."
Nomura is a leading provider of liquidity in Japanese, Asian and European equities, and over the past year has expanded its US presence by hiring top talent and building world class infrastructure across capital markets. It has already built its US programs, electronic, convertibles and derivatives business, and has gained considerable traction with clients in each of those products through leading ideas, liquidity and client service.
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