Friday , April 27 2018

Banking

Nomura to deepen cost cuts as CEO seeks to keep ship afloat

  Bloomberg The code name chosen for Nomura Holdings Inc.’s latest cost-cutting drive indicates how strongly its chief executive sees the need for savings at Japan’s largest brokerage. After slashing hundreds of overseas jobs since April, CEO Koji Nagai has unveiled his so-called “Waterline Project,” which will attempt to combat ...

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