Nomura jobs 'carnage' hits MENA chairman, capital solutions, converts

By David Rothnie
08 Apr 2019

The executive chairman of Nomura’s Middle East and North Africa business is among those set to leave the firm as part of a big restructuring. Senior bankers in EMEA capital solutions and convertibles are at risk of redundancy

The Japanese bank is scaling back its international wholesale bank and cutting $1bn in costs.

Mark Yassin, who was recruited just 18 months ago with a remit to expand the MENA operation, is understood to be leaving, with the bank likely to draft in one of its Tokyo-based bankers ...

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