Nomura cuts US investment bankers in revamp

David Rothnie

April 11, 2019 11:00 am

NomuraNY_PA_230x150 — Brookfield Place, built as and still commonly referred to as the World Financial Center, is a shopping center[1] and office-building complex located across West Street from the World Trade Center site in the Battery Park City neighborhood of Manhattan, New York City. Overlooking the Hudson River, Brookfield Place has been home to offices of various companies including Merrill Lynch, RBC Capital Markets, Nomura Group, American Express, Bank of New York Mellon, Time Inc. and Brookfield Asset Management. (CTK Photo/Jan Halaska) | Halaska Jan/Czech News Agency/Press Association Images

Nomura has put at risk a number of senior bankers in its Americas investment banking operation and refurbished its management team as part of a $1bn plan to cut costs. Senior names in M&A, leveraged finance, Latin America and risk solutions are leaving.

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DR

David Rothnie