Nomura Boosts FX Business?
Posted by Colin Lambert. Last updated: May 15, 2022
Sources tell The Full FX that Nomura has boosted its FX team with three hires – all from Citi. The new roles are based across, London, New York and Singapore.
Dipak Shah is joining the Japanese bank as EMEA head of FX options, the sources say, moving from Citi where he worked for over five years on FX derivatives. Previously he was a portfolio manager for over four years at macro hedge fund Capula, having joined that firm from Goldman Sachs, where he worked for over five years in FX options trading. Shah started his FX career at Lehman Brothers, where he worked on the FX options desk.
Christopher Torrington is joined Nomura in Singapore, to run the local markets macro business. He also comes from Citi, where he has worked for almost five years as global head of local markets FIC e-trading. Prior to that, he spent almost seven years with Deutsche Bank in e-NDF trading, having joined the German Bank from over four years at Barclays, where he started on the algo team but then progressed to heading the BARX, e-FX trading and risk for Asia-Pacific.
Also joining Nomura, according to sources, is Matt Rupsis, who joins the STIRT business in New York from Citi, where he has been for over seven years as a STIRT trade focused on G10 FX swaps and interest rates.
The news was previously reported by Bloomberg News as part of a series of hires.