Nomura has recruited a managing director from Goldman Sachs to co-lead US financials research alongside Glenn Schorr, who was hired from UBS in June. The bank is aiming to have a 20-strong team of analysts in place in New York by the end of the year.

Brian Foran will join Nomura's equity research team in the US as a managing director and senior analyst covering the banking sector, according to a statement released today.