Nomura Should Focus More on Japan Business: Morningstar's Makdad

The video discusses Nomura's financial strategy, focusing on cost cuts and the impact of goodwill write-downs from the Lehman Brothers acquisition. It highlights the challenges Nomura faces in scaling its global operations and suggests a strategic refocus on its core strengths in Japan, similar to Daiwa Securities. The discussion emphasizes the need for Nomura to adapt its strategy post-global financial crisis to remain competitive.

What are the implications of Nomura's cost cuts on its global strategy?

What is the significance of the goodwill write-offs for Nomura's future?

How have the strategies of different banks changed since the global financial crisis?

What challenges does Nomura face in maintaining its core strengths in Japan?

In what ways has Nomura's workforce changed since acquiring Lehman Brothers' assets?