Internal restructuring
United Kingdom
London; Inner London;
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

200 jobs
Number of planned job losses
Job loss
Announcement Date
20 September 2012
Employment effect (start)
Foreseen end date


Nomura bank has announced that it is to cut at least 200 jobs in London.  The cuts form part of a GBP 1 Billion cost saving programme that the bank launched earlier this month. 

The company blames the job losses on a slow down in the volume of business. According to media reports the bank might relocate its international headquarters to Asia or New York.


  • 20 September 2012: The Telegraph


Eurofound (2012), Nomura, Internal restructuring in United Kingdom, factsheet number 74204, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74204.