koji nagai

Asia escapes worst of $1 billion Nomura cuts

The Japanese bank’s new chief executive reorganises equities and reveals that Europe and the Americas will take the brunt of the cost-cutting programme.

September 06, 2012

Nomura flags staff cuts as it trims costs by $1 billion

The new leadership says the aim is to achieve a pre-tax income of $3.2 billion by March 2016 and to position the Japanese bank for sustainable profitability.

September 02, 2012