Nomura's ex-Goldman Sachs big man in London "happy" to disappear again
When Kevin Connors left Goldman Sachs in 2011, it was without his bonus: he was inexplicably let go before bonuses were paid. Thirteen years later, he presumably got a bonus this May at Nomura, and now he has been "happy" to leave.
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It's not entirely clear where Connors is going next, but in a memo sent to Nomura staff today and seen by eFinancialCareers, Rig Karkhanis, Nomura's head of global markets, said Connors had decided to leave again, three and a half years after arriving from a hedge fund.
Connors was sharing his job as co-head of global FX and emerging markets with Nagaraj Pangal at Nomura in Singapore, who is now the sole head of the business. While Connors was focused on sales, Pangal was focused on trading.
During his relatively brief interlude at Nomura, Connors did some heavy hiring and those hires are not leaving with him. In Connors' absence, key figures in Nomura's FX business will be Matt McLeod in New York (who joined from UBS in 2020), Ruchir Sharma in Singapore (who joined from Deutsche Bank last year), and Chirag Garg also in New York (who joined from HSBC in 2020). Bloomberg says he hired more than 20 people in total.
Not all of Connors' Nomura hires stuck. Brent Cook, a veteran macro trader who returned from the Australian beach in 2021, left again 15 months later. He briefly worked for Eisler Capital before joining Schonfeld's London office last August, where he remains.
One Nomura insider says Connor was very popular at the Japanese bank. "He's an impressive guy with a real personality and he did a fantastic job here," he declared. He will seemingly be missed.
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