MOVES-Nomura puts Nielsen, Deeny at risk as part of London cuts

August 25, 2015 10:02 AM

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LONDON, Aug 25 (IFR) - Nomura has put two more senior bankers at risk of redundancy as part of cuts to its staffing leverls in London aimed at trimming costs in reaction to less favourable market conditions, according to sources familiar with the matter.

Benedict Nielsen, head of high-grade syndicate and origination for the Europe, Middle East and Africa region who joined the bank in 2011 from UBS, is one of the bankers who has been put at risk, say sources.

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