07:10 AM EDT, 05/30/2025 (MT Newswires) -- Nomura Holdings ( NMR ) Chief Executive Kentaro Okuda said the Japanese investment bank and brokerage remains committed to growing its US business despite market uncertainty surrounding tariffs, multiple news outlets reported Friday.
The company will strengthen its focus on the Americas by pursuing long-term growth through "strategic resource allocation," according to an investor day presentation.
The US is "probably going to be the most attractive market, particularly in the asset management business over the next decade or so," Christopher Willcox, head of wholesale and chairman of the asset management division, said at the event.
The Tokyo-based firm said it aims to boost revenue from Willcox's wholesale banking arm by 15% to 20% by March 2031.
It also plans to expand in private credit solutions and equity trading in Europe and Asia, as well as international wealth management, according to the reports.