Ellen Tseng joins Nomura from Morgan Stanley

Tseng will help build the bankÆs coverage capabilities as head of Taiwan research.

Nomura has appointed Ellen Tseng as head of Taiwan research, replacing Ben Lee, who has left the bank and the industry to pursue other opportunities. Tseng previously worked with Morgan Stanley as executive director of equity research.

Tseng, who took up her new role last month, will lead the bankÆs Taiwan team in building up the firmÆs research coverage in the local market. She will be based in Taiwan and report to Stewart Callaghan, NomuraÆs head of Asia research.


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