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Report: Nomura promotes 2 to managing directors

Nomura Holdings Inc. has promoted two executives in the Australian investment banking and fixed income divisions, The Australian Financial Review's Street Talk blog reported May 9.

Nicholas Ellmore, head of acquisition finance and co-head of financial sponsors, and Stephen Allan, a credit specialist in the special situations team, were promoted to managing director status, the report said, citing an internal memo.

Both are based in Sydney.