SMBC Nikko Securities America, a member of SMBC Group, appointed Steven Feinberg head of credit for the fixed income sales and trading group, which is based in New York.
In his new role, Feinberg will lead the U.S. investment grade, high-yield, emerging markets and structured products teams, overseeing the growth of the organization’s sales and trading capabilities and strengthening of the product offering for SMBC’s clients globally. He will also work in partnership with the capital markets team to align secondary trading priorities and enhance SMBC’s value to clients within its primary markets. Feinberg will report to Masahito Nonaka, deputy president of SMBC Nikko Securities America.
“Steven brings a tremendous wealth of fixed income and credit experience to our organization, having served in various senior leadership roles at large global banks,” Nonaka said. “We’re pleased to have Steven join SMBC Nikko and look forward to our continued growth in these businesses. He leads a talented, expanding team that provides key product and service offerings to our institutional clients.”
A managing director, Feinberg joined SMBC from MUFG, where he served as the international head of credit trading and co-head of U.S. flow products, overseeing sales, trading and desk research for investment grade, high-yield, secondary loan trading, commercial paper, CLOs and asset-backed securitization.
In previous roles, Feinberg served as the head of U.S. investment grade trading and research at Deutsche Bank after spending 20 years at DLJ/Credit Suisse in multiple leadership roles, including Americas head of investment grade sales and trading, sector strategy and emerging markets teams.
