Nomura has hired UBS global co-general counsel David Graham to take up a new senior legal role in London.

Graham will join Nomura this summer in the new role of head of legal and GC for the bank's global wholesale division.

Graham, a former corporate partner at Freshfields Bruckhaus Deringer, joined Morgan Stanley in 2001 as Asia-Pacific GC before moving to UBS in the same role in 2004.

He later transferred from Hong Kong to the bank's London office and was appointed as general counsel in 2008, with Goldman Sachs recruit Chul Chung named co-GC in late 2010.

At Nomura, Graham will report jointly to chief legal officer Noriaki Nagai and Jesse Bhattal, the president and chief executive of the wholesale division.

A Nomura spokesperson said: "David has an outstanding track record in the investment banking industry and vast global experience gained from working in London, New York and Hong Kong during his 28-year legal career. His leadership qualities, technical expertise, acute commercial sense and strategic counsel will be invaluable."

The news comes as Morgan Stanley has also made a number of senior changes to its London legal team, including the appointment of a new EMEA general counsel.

The bank has relocated Asia-Pacific GC Philip Quirk from Hong Kong to London to take on the position, while Brett Graham has been appointed as acting Asia-Pacific GC – a role which Quirk has held for four years.

Quirk, a former partner at legacy Denton Wilde Sapte, is replacing co-EMEA GCs Susan Revell and Richard Rosenthal, who are both taking new roles within the bank.

Revell will take on a new position as EMEA head of regulatory reform, in which she will work with the bank's management to identify how new European financial regulation will impact the bank's business, while Rosenthal will become global conflicts officer, responsible for identifying and resolving conflicts of interest.