Nomura Adds Fabrizio, Sears to Equities Distribution Division

Nomura Holdings Inc. (8604), Japan’s largest brokerage, hired Francis Fabrizio and Richard Sears as managing directors in its equities-distribution unit in the Americas.

Fabrizio, who will join Nomura’s equity-research sales team in Boston, was most recently a managing director at FBR & Co., the Tokyo-based firm said today in a statement. Sears, who was most recently at Macquarie Group Ltd. (MQG), will help build Nomura’s global product sales business.

Fabrizio’s hire completes Nomura’s initial buildup of its Boston equities-sales team, according to the statement. The firm has been hiring in the Americas, more than doubling its headcount in the region since 2009. The Americas contributed 27 percent to Nomura’s fiscal fourth-quarter global wholesale revenue.

Nomura also said Stephen Daly, who was previously head of international distribution of cash equities to Europe, Middle East and Africa clients at JPMorgan Chase & Co. (JPM), joined the firm in February to head a U.S. equity-research distribution team. He is based in London.

Brendan Baker, who was an equity sales trader at Susquehanna Financial Group, joined Nomura to manage sales trading coverage for European clients. He will be based in New York.

To contact the reporter on this story: Laura Marcinek in New York at lmarcinek3@bloomberg.net.

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net.