Nomura beefs up RI presence

Nomura beefs up RI presence

HONG KONG (Dow Jones): Nomura International, the regional arm
of leading Japanese brokerage firm Nomura Securities Co., is
looking to beef up its equity research presence in Malaysia and
Indonesia, a top company official told Dow Jones Newswires
Monday.

Jim Walker, the managing director of Nomura International
(Hong Kong) Ltd., said Nomura has largely put in place the equity
team it set out to assemble from April 1998, when the Japanese
broker began rebuilding its broking operations in the region. But
it's still adding people "here and there," he said.

In Malaysia, where Nomura has two analysts at present, Nomura
is "actively looking to hire another two or three," and the
company is "just about to make a decision to re-activate in
Indonesia," Walker said.