Bloomberg Television
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Nomura Redraws China Strategy, Cuts Jobs as Losses Mount
Posted
October 26, 2023
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6,062
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October 26, 2023
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2:14Now PlayingNomura Holdings Inc., Japan’s biggest brokerage, is said to be overhauling its China business after losses there deepened. People familiar with the matter say the firm's goals to raise its headcount to 500 and become a fully licensed securities house by the end of 2023 aren’t likely to be achieved. Russell Ward reports on Bloomberg Television.
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