Buffett's Favored Analyst Cut by Nomura Before Omaha Meeting
- Cliff Gallant said to leave Nomura last week amid broad cuts
- Analyst among select group invited to ask Buffett questions
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Nomura Holdings Inc. cut insurance analyst Cliff Gallant weeks before he was scheduled to ask Warren Buffett questions at Berkshire Hathaway Inc.’s annual meeting.
His departure from Nomura last week was part of a broader overhaul in the Tokyo-based brokerage’s overseas operations, according to two people familiar with the matter who asked not to be identified because the matter is private.