Nomura turns to structured solutions as it seeks international growth

David Rothnie

August 16, 2018 11:45 AM

Nomura building press association PA — June 23, 2017 - Tokyo, Tokyo, Japan - Venezuela's central bank is seeking to sell fixed-income securities to Nomura Holdings Inc as a way of raising cash amid an economic crisis, an opposition deputy and a finance industry source said on Thursday, only weeks after a similar deal embroiled the Japanese bank in controversy. Opposition legislators this month publicly chided Nomura for participating along with Goldman Sachs Group Inc in a$2.9 billion bond operation that helped the government of President Nicolas Maduro bolster the country's flagging foreign currency reserves. (Credit Image: © Alessandro Di Ciommo via ZUMA Wire) | Alessandro Di Ciommo/Zuma Press/PA Images

The Japanese bank has revamped its investment banking division as it looks to boost efficiency and grow revenues following a grim first quarter and cuts in global markets.

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David Rothnie