Inner London; London
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Nomura bank has announced that it is to cut at least 200 jobs in London. The cuts form part of a GBP 1 Billion cost saving programme that the bank launched earlier this month.
The company blames the job losses on a slow down in the volume of business. According to media reports the bank might relocate its international headquarters to Asia or New York.