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Nomura Exclusive: New China Strategy Explained

Nomura Holdings Inc., Japan’s largest brokerage, is undergoing significant changes to its operations in China as losses mount, hindering the company’s expansion plans in the country.

Nomura London office faces challenges in China as losses mount, triggering job cuts and strategy reassessment. PHOTO: fn/ki/ALP

People familiar with the matter reveal that the firm’s Shanghai-based joint venture is reevaluating its strategy, as it is unlikely to achieve its goals of expanding its workforce to 500 and becoming

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