Nomura eyes top broker spot

Japan’s Nomura is planning a swift return to the top spot among LSE brokerages for the European equities unit it bought from Lehman Brothers, the former leader on the exchange. The unit is currently sitting in third place behind Credit Suisse and top-ranked Merrill Lynch, acting on 6.3 per cent of all orders sent to the LSE as of 30 June. Nomura aims to clinch the top position by the end of the year, said Rachid Bouzouba, the firm’s head of European equities.