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Layoffs will affect all regions and levels of seniority

Investment Banking Editor

Nomura is cutting around 60 staff as the Japanese bank looks to strip out costs amid an ongoing dearth of deals.

The bank will trim headcount within its investment bank, with the US and Europe included in cuts that will affect all levels of seniority, according to a person familiar with the matter.

Nomura cuts 60 investment bank jobs in difficult dealmaking conditions

Paul Clarke

Nomura

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Goldman Sachs

Bank of America

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One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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