Nomura Dismisses 60 Staffers as Market Outlook Spurs Caution

  • About 30 people, mostly investment bankers, are leaving in US
  • Bank says its reducing roles given ‘environment and outlook’
WATCH: Nomura dismissing about 60 staffers as the Japanese brokerage keeps seeking ways to cut costs across its investment bank. Russell Ward reports.Source: Bloomberg
Lock
This article is for subscribers only.

Nomura Holdings Inc. is cutting about 60 staffers as the firm continues to seek ways to cut costs across its investment bank in response to the ongoing slump in dealmaking and capital markets activity.

The cuts include about 30 people in the US, according to people familiar with the matter. The majority of those staffers impacted were in investment banking, the people said, who asked not be named discussing personnel.