Japanese brokerage firm Nomura is looking to move its European headquarters from London to Frankfurt, resulting in the transfer of up to 100 employees, according to reports.
Bloomberg reported the firm is to begin preparations this month to form a hub in the German city, despite the prospect of a 'softer' Brexit after Theresa May failed to win a majority in the snap general elections. As of March, Nomura has 3,026 employees based in Europe, most of which are in London, and had been considering Munich, Luxembourg and Paris as an alternative European HQ. Goldman Sachs chief warns Brexit risks 'will stall' City A spokesman for Nomura declined to comment to the publication about a potential move. Goldman Sachs, JP Morgan Chase and Morgan Stanley are amo...
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