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

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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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