As it exits or reduces its international presence in products such as equities and G10FX – foreign exchange coverage of the G10 currencies – Nomura is no longer trying to be all things to all people. But it remains committed to debt capital markets (DCM), where it focuses strongly on the sovereign, supranational and agency (SSA) sector.
As bookrunners, the firm ranked seventh in global SSA volumes (and third by number of deals) in the first half of 2019, according to Dealogic. That put it ahead of the likes of Goldman Sachs, Bank of America Merrill Lynch and BNP Paribas.
