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Nomura to axe HK, S'pore staff
TOKYO - NOMURA Holdings Inc, Japan's largest broker, will lay off more than 100 employees from its Asia-Pacific operations by the end of this month, the Nikkei business daily reported on Tuesday.
The cuts will mainly come from Asian operations outside Japan, such as Hong Kong and Singapore, as Nomura aims to lower costs following its acquisition of parts of failed US investment bank Lehman Brothers, the Nikkei said. ... more
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