Investment Banking

Nomura eyes 15 tech dealmaker hires as march on Wall Street gathers pace

Digital and software sectors will be a key target in Nomura's assault on Wall Street

‘If you try to dislodge a bulge bracket bank in a sector where they’ve been dominant for 20 years, it’s like hitting your head against a concrete wall,’ Jeff McDermott, told Financial News
‘If you try to dislodge a bulge bracket bank in a sector where they’ve been dominant for 20 years, it’s like hitting your head against a concrete wall,’ Jeff McDermott, told Financial News Photo: Getty Images

Nomura is building a team of up to 15 senior dealmakers to tackle the digital and software sectors, part of a broader hiring spree at the Japanese bank as it embarks on a fresh march on Wall Street rivals.

The bank is eyeing a significant investment in talent, its global co-head of investment banking, Jeff McDermott, told Financial News. Nomura launched a new industrials and infrastructure team in March, comprised of 150 bankers, and technology is the next sector the bank is looking to grow in, he said. 

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