Japanese bank Nomura hired three former Lehman Brothers executives for its fixed-income group in New York, Leveraged Finance News has confirmed. The move is part of the bank’s efforts to expand its fixed income group.
Peter Hornick joined Nomura as head of fixed-income sales for the Americas. He was most recently with Deutsche Bank, which he joined last November as head of credit sales. He was previously the global head of Lehman’s CDO group and had worked as a derivatives trader for Merrill Lynch.