The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Structured solutions drive Nomura

A large part of Nomura’s recent boost in overseas earnings came from healthy fixed income revenues in the US. It has struggled to replicate this in mainstream primary debt. Instead, it pushes its strength in structured solutions.

Nomura’s strengths in pockets of fixed income trading and its efforts to build deep relationships with a diverse range of leading debt investors around the world have yet to translate into the kind of distribution that wins big fees from the debt capital markets. The firm lacks the balance-sheet size of a global universal bank and has to pick its spots accordingly. 

Nomura was ranked 10th in the US DCM bookrunner league tables for full year 2016 with 2.9% market share and stood 11th with 2.4% market share for 2017 in the year to May 3. In Asia Pacific, its home region, Nomura ranks ninth for the full year 2016 (2.3% market share) and seventh for 2017 (2.4%), while in Europe its position over the same two periods is 21st (1.4%

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree