Nomura hires Deutsche credit specialist for structured lending role

Tuesday, October 18, 2011

Nomura has announced that it has hired Munish Varma as global head of structured lending and special situations

TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 12 years ago [2011-10-19 12:42:20]

Indeed - cost of funding is a huge competitive advantage for jap banks right now. Its driving a lot of the demand for triple A CLOs

Comment by: Anonymous. Posted 12 years ago [2011-10-19 12:25:43]

That may not be the case because their cost of funding is actually very competitive given their access to a very deep pool of domestic funding in Japan.

Comment by: Anonymous. Posted 12 years ago [2011-10-18 11:12:03]

Excellent hire by Nomura -- however, I would have thought that the cost of funding for a firm like Nomura will make that a tough mandate even for a smart and capable fellow like Mr. Varma!

Related Stories

Funds

more stories...