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Nomura kicks off hiring spree for 50 junior bankers as battle for talent heats up

Banks have hiked junior salaries to stem an exodus of talent amid a record deal boom

Tuesday, 19 October 2021 at 11:46

Nomura is bolstering the junior ranks of its investment bank, taking on up to fifty new bankers by the end of the year
Nomura is bolstering the junior ranks of its investment bank, taking on up to fifty new bankers by the end of the year Photo: Kiyoshi Ota/Getty Images

Nomura is kicking off a fresh hiring spree for 50 analysts and associates before the end of this year, as large investment banks battle for talent amid a burnout crisis in the junior ranks.

The Japanese bank is bolstering the junior ranks of its investment bank as it kicks off a broader expansion of the unit under new global boss Jeff McDermott, according to people familiar with the matter.