Steve Ashley to head combined rates and FX at Nomura


Steve Ashley, global head of rates at Nomura, will relocate from Tokyo to London early next month to head up ‘global macro products’, a new business that will encompass both rates and FX. He will continue to report to Tarun Jotwani, head of global capital markets.

“This platform will be a cornerstone of our global fixed-income franchise, realising synergies and pooling our strengths across our FX and rates businesses, and delivering a powerful macro offering to our clients. Consolidating these

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