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Nomura is the global investment bank that the rest of the world forgot. The Japanese firm still declares its mission is to connect markets East and West. But ask global business heads at leading US and European banks about their Japanese rival and eyes tend to go blank, brows to furrow and lips almost to smile.
“Nomura? Well, obviously, I mean, yes… they’re big in Japan,” the global head of investment banking at one US firm tells Euromoney, before glancing quizzically at his head of Europe.
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