Nomura Hires Ex-RBS Banker Cottle as EMEA Fixed-Income Chief

Nomura Holdings Inc. (8604) hired Gary Cottle, formerly of Royal Bank of Scotland Group Plc (RBS), as its head of fixed income for Europe, the Middle East and Africa.

Cottle is based in London, where he reports to Steve Ashley, the global head of fixed income, and EMEA Chief Executive Officer John Phizackerley, the bank said in a statement. Cottle replaces Georges Assi, who left at the end of July to take a break from banking.

Nomura is also building its fixed-income business in other parts of the world, hiring Jon Linton in Sydney as head of macro products for Australia, according to today’s statement. Linton was formerly at RBS and reports to Yutaka Nakajima, Nomura’s head of fixed-income trading for Japan and Australia, said Rob Davies, a spokesman for the Tokyo-based lender.

Cottle was a board member at RBS’s investment bank and global head of sales for corporate and government clients. His career includes stints at Morgan Stanley and Barclays Plc.

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