Former Nomura Distressed-Trading Head Peter Chung Joins SC Lowy

Peter Chung, who was head of high yield, loan and distressed debt trading at Nomura Holdings Inc. until April, has joined SC Lowy Financial (HK) Ltd. in London.

Chung started yesterday at the Hong Kong-based fixed-income trading firm, according to the U.K.’s Financial Conduct Authority register.

He was among a handful of senior staff that left Nomura as part of a restructuring of its European fixed-income operations.

Reached at SC Lowy, Chung declined to comment on the move or to provide his job title.

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