Nomura names Pearson Asia ex-Japan FIG head

Veteran James Pearson's move from Standard Chartered may offer hints as to the Japanese bank's Asia ex-Japan strategy seven months on from lay-offs.

Nomura has named James Pearson head of Asia ex-Japan financial institutions group FIG, a newly-created role that oversees the coverage of the Japanese bank’s financial institution clients in the region, according to an internal memo seen by FinanceAsia.

Pearson started working at Nomura on Monday. In his new role, he advises financial institutions on their investment banking needs, including capital markets and corporate advisory solutions. Pearson is based in Hong Kong and reports to Kenji Teshima, Nomura’s head of investment banking in Asia ex-Japan.

The appointment may offer a hint of a new strategic direction after the bank made extensive cuts in its Asia...

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