Wednesday, October 28, 2009

Nomura To Use Fresh Cap To Grow U.S. Trading Ops: CFO

TOKYO (NQN)--Nomura Holdings Inc. (8604) thinks that now is a prime opportunity to expand its trading operations in the U.S., Chief Financial Officer Masafumi Nakada said Wednesday, expressing his idea of leveraging the proceeds from the firm's two capital increases.

CFO Masafumi Nakada

He positioned the rebuilding of the American operations as one of the firm's top priorities, saying: "The U.S. market has huge potential, given its scale and rich product lineups. It is imperative for us to beef up our business there, in order to better serve our Japanese and global clients."

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