Bloomberg - Top firm said to cut London jobs

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Bloomberg News reports that Nomura is cutting at least 50 positions in London, including some of its most senior traders, people familiar with the Japanese bank’s plans said.

The cuts affect staff including Omar Ghalloudi, who joined from Citigroup just last year, and Steven Marshall, who is head of CVA trading, according to the people, who requested anonymity. Nick Oxlade, Manolo Pedrini and Walid Haram, who help oversee different fixed-income trading businesses in London, may also be leaving, the people said.

Bloomberg also reported last month that Nomura dismissed 28 sales and trading staff in the U.S., according to a person familiar with the matter.

The cuts came in the global markets division, which includes equities, fixed income, currencies and commodities, said the person, who asked not to be identified discussing personnel.

Nomura Is Said to Cut 50 London Roles as Trading Chiefs Hit

Nomura Is Said to Cut 28 Global Markets Jobs in U.S.

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