Investment bank Nomura loses 20 bankers in Asia after bonus payout in May

Global banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings

Nomura Holdings Inc. lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan’s biggest brokerage as financial firms vie for talent in the fast-expanding region.

The resignations, which all were outside of Japan, include the head of Greater China equity capital markets, Alexandra Tong, said people familiar with the matter, who asked not to be named because the information is private. Tong confirmed her departure. A Hong Kong-based spokesman for Nomura declined to comment.

Global banks are battling to keep junior investment bankers in Asia where financial technology