Nomura hires Malaysia research head from Citi
The expanding investment bank snatches Wai Kee Choong to head its Malaysia-based equity research team as it strives to build out its cash equities business in south-east Asia. But Citi reveals an internal replacement on the same day, with both banks making competing claims about the strength of their franchises.
Global investment bank Nomura has hired a head of equity research for Malaysia from Citi, although the US bank announced on the same day that it had replaced him internally.
In a statement, Nomura said it had appointed a Malaysia-based equity research team as part of its drive to
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