Nomura Sinks as Shareholders Flee

The video discusses Nomera's recent announcement of $1 billion in cost cuts in its wholesale business, which has not impressed investors as the stock has fallen by 3% since the announcement and over 20% in the past six months. The price book ratio is notably low compared to its peers, indicating investor dissatisfaction. Analysts are keen to see the pace of job cuts and their impact on revenue, with cuts already happening across Asia, Europe, and the US. The main concern remains how these cuts will affect future revenue.

What are analysts particularly interested in regarding the company's cost cuts?

What is the main concern regarding revenue in light of the job cuts?