Nomura bolsters foreign exchange division

by Richard Kilner

Story link: Nomura bolsters foreign exchange division

Nomura has bolstered its Foreign Exchange market capability with the appointment of Bernd Bröker.

He brings great experience to his role, having served with Bear Stearns for more than a decade as European head of Foreign Exchange and Commodities, global head of Foreign Exchange Derivatives and European co-head of Emerging markets.

During his career he has also worked for investment banks UBS and Merrill Lynch.

Bröker will be based at the firm’s London office, where he will take on the position of head of Emerging Markets Foreign Exchange and Global Foreign Exchange Derivatives.

He will be responsible for building upon the firm’s present strong position in the foreign exchange derivatives market, including a diversification aimed at boosting trading activity in important emerging markets.

In addition to this, Bröker will be tasked with developing the firm’s foreign exchange derivatives product line on the global stage.