(26 April 2010 – Australia) Credit Suisse has reportedly lost its co-head of equities Andrew Norman to Japanese investment bank Nomura.Mr Norman has been hired as the bank’s new equities division head puting to bed months of speculation over who would take the top role within the bank.
Nomura has engaged on a hiring spree over the last few months as it prepares to become a full-service bank in the Australian market.
The Japanese bank received its licence from the Australian Securities Exchange two months ago and is currently in the process of building its equities trading platform.