Nomura cuts Asia ex-Japan equities jobs

The move by Japan’s largest brokerage follows cuts by Barclays, StanChart and Jefferies.

Nomura cuts Asia ex-Japan equities jobs

Nomura cut around 30 jobs in its Asia ex-Japan equities business this week, the latest investment bank to cut costs in the region, a source familiar with the situation told FinanceAsia on Thursday.

The job losses in Asia follow much deeper cost cuts in its European and US operations announced earlier this week as the Japanese brokerage looks to stem years of losses at its overseas operations. 

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