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This is an archive article published on May 10, 2010

No potential M&A in US: Nomura

Nomura COO said,it would be hard to find a firm that would be a good match for Nomura.

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Japan’s top brokerage Nomura Holdings does not have any acquisition targets in mind in the US,a senior official said on Monday.

Chief Operating Officer Takumi Shibata said it would be hard to find a firm that would be a good match for Nomura in the United States.

Nomura has been expanding in Europe and Asia after buying the operations of failed US investment bank Lehman Brothers in those regions.

It is building its businesses from scratch in the US because Barclays grabbed Lehman’s US arm during the financial crisis.

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