Russian International Reserves Fall $15.7 Billion in Week to Dec. 19

Nomura Names Mark Williams Head of Investment Banking for Asia

Nomura Holdings Inc. (8604) appointed Mark Williams as head of investment banking for Asia outside Japan to replace Patrick Schmitz-Morkramer, according to an internal memo obtained by Bloomberg News.

Williams joined the Tokyo-based securities firm as regional head of equity capital markets in 2010 from UBS AG. (UBSN) Schmitz-Morkramer is leaving Nomura to take a “career sabbatical,” according to the document. Rob Stewart, a Nomura spokesman in Hong Kong, confirmed the contents of the memo.

Schmitz-Morkramer’s departure follows those of George Sun, former co-head of fixed-income sales for Asia, and Patrick Lee, the ex-chief of investment banking in Southeast Asia, both of whom left this month.

Nitin Jain, Nomura’s co-head of fixed income for India, is leaving to join Zurich-based UBS, people familiar with the matter said this week.

Schmitz-Morkramer was appointed co-head of Nomura’s investment banking unit in Asia outside Japan in January 2010.

To contact the reporter on this story: Cathy Chan in Hong Kong at

To contact the editor responsible for this story: Philip Lagerkranser at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.