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]