Nomura appoints Christopher Willcox as chief executive

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Nomura appoints Christopher Willcox as chief executive

Christopher Willcox spent decades rising in Wall Street firms before landing at Nomura Holdings during one of the most tumultuous periods in the Japanese brokerage's history.

Willcox is tasked with running the firm's global investment bank just 17 months after he arrived at Nomura to help run its U.S. business. He takes over the wholesale division of the firm on Saturday from Steve Ashley, 55 whose tenure was marked by overhauls, strategy changes and roughly $2 billion of losses related to the implosion of Bill Hwang's Archegos Capital Management.

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