Nomura CEO Signals More Job Cuts in Europe

The video discusses the challenges faced by European markets, focusing on Nomura's operations post-2008 crisis. It highlights the impact of Brexit and negative interest rates on Nomura's global performance, including in Japan and America. The video also covers Nomura's strategy to invest in technology and downsize staff to manage costs and boost profits.

What major event led to the creation of Nomura's European operations?

• The introduction of negative interest rates

• The merger with Lehman Brothers

• The 2008 financial crisis

• Brexit

Which two regions are highlighted as facing significant challenges for Nomura?

• Europe and America

• Europe and Japan

• Japan and China

• America and China

What economic factor is causing difficulties for Nomura in its home country?

• Rising unemployment

• High inflation rates

• Negative interest rates

• Currency devaluation

What is one of the main strategies banks are using to increase profits?

• Expanding into new markets

• Increasing staff numbers

• Raising interest rates

• Investing in technology

How are investment banks attempting to manage costs according to the transcript?

• By downsizing staff

• By raising service fees

• By opening new branches

• By increasing marketing budgets