Cuts are said to have gone down across the pond earlier today.
Three separate headhunters, each of whom declined to be named, said there have been big cuts across the board in Nomura’s London equity research operation this afternoon. One said equities headcount has been reduced quite substantially, with utilities, healthcare and pharmaceutical research teams and a senior banking analyst among the victims. Another headhunter said the retail has also been cut.
Carnage said to strike Nomura’s equity research business [eFinancial]

:(
Normura has equity research? WTF?
Why does the banner at the top of the page say "Welcome Home, Morgan Stanley – We Missed You." ???
-William Bryan Jennings
This question has been asked quarterly for the past 12 months or so. My understanding is that MS put a filter on them. Then, when the inevitable revolt happened, restored access. Hence, welcome back.
You didn't get canned after stabbing that cabbie?
Uh oh.
- G. Schorr
Dear Nomura-ites,
Welcome to the 99%.
We are waiting for you.
Yes!
-Occupier
You mean
Dear Ex-Lehman Brothers,
Welcome to the 99%.
We have been patiently waiting for you since you didn't research shit and blew up the economy.
HYFR!
-Cockupier