Nomura Said to Cut as Many as 30 Jobs in Americas Equities Unit

Nomura Said to Cut as Many as 30 Jobs in Americas Equities Unit

Kiyoshi Ota/Bloomberg

Nomura said earlier this month it’s reorganizing the equities division into three segments. Execution services, including cash, programs and electronic products, for the Americas, Europe, Middle East, Africa and Asia excluding Japan will be wrapped into Instinet, the standalone agency brokerage it acquired in 2006.