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Nomura expands credit team

Nomura has hired high-yield bond trader Kurt Krestinski as the bank builds its credit team after losing several top leveraged finance bankers, according to Bloomberg. Krestinski, who came from Citadel LLC's securities unit, joined the bank's New York office as a managing director and was registered with Nomura as of August 15, according to records maintained by the Financial Industry Regulatory Authority.

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