(N33.SI)
- Bloomberg
Worst is yet to come for food inflation in Asia, Nomura warns
Asia’s red-hot food prices will likely heat up further in the coming months, with Singapore, South Korea and the Philippines set to see the sharpest price increases.
- Reuters SG
MOVES-Nomura names Nanavati as Southeast Asia investment banking head
Nomura Holdings has named Jwalant Nanavati as the new head of its Southeast Asian investment banking business, according to an internal memo seen by Reuters on Tuesday. Hong Kong-based Nanavati, who joined Nomura nearly four years ago to head its Asia ex-Japan technology, media and telecom (TMT) investment banking team, will take over the new role from July 1 but relocate to Singapore only later this year. Nanavati, an investment banking veteran of two decades, previously worked at BNP Paribas, Deutsche Bank and Lehman Brothers, according to his LinkedIn profile.
- Reuters SG
Nomura bulks up Asia wealth business in quest for bigger share of lucrative segment
Nomura Holdings is steadily building its global wealth management business and plans to further expand its Singapore and Hong Kong hubs, as Japan's biggest securities firm accelerates a push into a highly competitive sector. Just over a year after Nomura snagged Ravi Raju to spearhead its ambitions in the wealth operations, the veteran banker has led a hiring spree as part of its efforts to diversify from its home market and capture a slice of an affluent and growing pool of Asian clients.
