London-based staff at Nomura have been left in “total shock” at the scale of the latest job cuts by the Japanese group, as it drastically scales back its European investment bank.
Senior bankers and traders contacted by Financial News said employees gathered in the Oyster Shed pub on the ground floor of Nomura’s Angel Lane office on April 4 to digest news that the bank is eliminating 100 frontline roles across Europe, the Middle East and Africa.
