MOVES-Macquarie U.S. M&A chief leaves for Nomura -sources

June 15, 2015 3:33 PM

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June 15 James Frawley, Macquarie Group Ltd's U.S. head of mergers and acquisitions, has left the Australian investment bank to join Nomura Co Ltd, people familiar with the matter said on Monday.

The high-level departure comes as Macquarie continues to slim down its traditional investment banking operations to focus on more stable returns from activities such as retail banking and annuity-style businesses. Japan's Nomura, on the other hand, has been on an investment banking hiring spree in t...

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