103 staff at Nomura will lose their jobs today as bank reshuffles after worst performance since 2008

Japanese bank Nomura is cutting 103 jobs globally with the majority of cuts coming out of the lender's London office. Staff will be told their fate today.

Nomura will also trim its Japanese retail bank branch network after it posted its worst results since the financial crisis in January. The bank's flow trading operations in EMEA comprises roles in Nomura's global markets team that includes equities, fixed income, and currency trading, the majority of which is based in London.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After Job Cuts, Deutsche Bank Plans New Electronic Stock-Trading VentureDeutsche Bank plans to launch a new electronic platform where it will trade U.S. stocks directly with large clients, instead of matching buyers and sellers for a fee like Wall Street banks typically do. Somehow investing with Deutsche Bank doesn't seem like a good idea to me. Well they have plenty of money and help from The russian and Trump money laundering operations. Amazing! Attention: Russia, China, North Korea, Syria etc...
Source: WSJ - 🏆 98. / 63 Read more »