Nomura slashes 10 investment banking positions in Hong Kong – Devastating blow to financial sector
Nomura’s Strategic Move: A Devastating Blow or a Necessary Adjustment? In a surprising turn of events, Nomura, the multinational investment bank headquartered in Tokyo, has made the decision to cut approximately 10 investment banking positions in its Hong Kong branch. This move has sent ripples through the financial sector, raising questions about the bank’s strategy …