Nomura in talks to relocate European hub from London to Paris post-Brexit

Already planning broker dealer in Frankfurt

Jayna Rana
clock • 1 min read

Japanese bank Nomura is in advanced talks with regulators regarding a move from London to Paris for its European lending hub as it considers its post-Brexit plans, according to reports.

Nomura wants to use the French capital as an alternative banking hub for clients who want to borrow from an EU counterparty, instead of continuing to deal with its existing Europe, Middle East and Africa (EMEA) hub in London, according to the FT. This comes after the group, which employs about 2,300 people in London, already announced plans to set up a broker dealer in Frankfurt, which it will use as its trading hub after the UK leaves the EU in March 2019.  T. Rowe splits European business ahead of Brexit Nomura is also planning to repatriate a small numbers of bankers to the EU c...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Door's Shilpan Patel: Culture takes centre stage

Door's Shilpan Patel: Culture takes centre stage

Fund selectors increasingly aware of poor culture

Shilpan Patel
clock 27 June 2025 • 3 min read
Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Time of rapid evolution for the wealth and intermediary sector

Katrina Lloyd
clock 26 June 2025 • 7 min read
Winners Gallery: Fund Manager of the Year Awards 2025

Winners Gallery: Fund Manager of the Year Awards 2025

Ceremony on 19 June

Investment Week
clock 24 June 2025 • 1 min read
Trustpilot