On the back of recent redundancies in Europe and the U.S., the Japanese bank has now started to cut into the Asia-Pacific operations.
The reshuffle will see around 30 jobs go in Nomura’s Asia ex-Japan equities division. Last month the Tokyo headquartered bank also made a dozen job cuts at the Asia ex-Japan investment-banking unit.
Among notable changes the bank has appointed James O’Neile as Head of Cash Equity Sales for the firm, while North Asia Head of Equity Sales, Stanley Wong, and Michael Kurtz, Global Head of Equity Strategy and Chief Asia ex-Japan Strategist, will be leaving the bank.
finews.asia reported recently that the bank, which likes to be known as «Asia’s Global Investment Bank» was about to slash up to 600 jobs at the European and U.S. units.
