Nomura International plans to recruit 60 investment bankers in the US by the end of this year, marking a final stage in its expansion following the acquisition of Lehman Brothers’ operations in Europe and Asia in 2008.

Nomura, which currently has 40 mergers and acquisitions and global finance bankers in the US, plans to grow the group to 100. It intends to focus on a small number of core sectors, including natural resources, consumer and telecommunications.