Nomura Announces Strategic Changes in EMEA and the Americas

April 12, 2016 by · Leave a Comment
Filed under: Americas, Capital Markets, Europe, Finance 

http://d1udmfvw0p7cd2.cloudfront.net/wp-content/uploads/2015/05/b-nomura-a-20150513-200x200.jpgTokyo, April 12, 2016 – Nomura Holdings, Inc. today announced several changes to its Wholesale businesses in EMEA and the Americas, following a strategic assessment of its international operations.

Since the second half of last year, global markets have experienced extreme volatility and a significant decline in liquidity, triggered by heightened uncertainty in the global economy. Today’s announcement will position Nomura for sustainable profitability under the new market and regulatory environment, and reaffirms Nomura’s commitment to improving the performance of its international businesses.

“We are taking decisive action to refine the services we offer to our clients, while continuing to leverage our dominance and unique strengths in Asia, providing tailored solutions to our clients globally and continuing our 90 year legacy of putting clients at the heart of everything we do,” said Tetsu Ozaki, Nomura Group COO. “This exercise will deliver significant efficiencies and cost savings for Nomura, refocusing the firm’s activities and reallocating resources towards its areas of expertise and most profitable business lines.” Read more