Nomura Is Said to Lure Millennium Trader to Run EMEA Flow Credit
- John Gousias will run flow credit trading in EMEA region
- Nomura executives under pressure to improve overseas units
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Nomura Holdings Inc., the Japanese brokerage struggling to improve performance overseas, is hiring a money manager from $35 billion hedge fund Millennium Management to help lead its European credit business, according to people with knowledge of the matter.
John Gousias will be responsible for Nomura’s flow credit trading business in Europe, the Middle East and Africa, the people said, asking not to be identified because the information is private. Gousias helped lead the same business -- the buying and selling of corporate debt -- at HSBC Holdings Plc before he joined Millennium in 2017. He previously held senior credit-trading roles at Royal Bank of Scotland Group Plc, according to his LinkedIn page.