![]() ![]() Nomura’s technology-focused M&A team is also undergoing changes. Euan Drysdale, head of EMEA metals and mining, Chris Carlisle, head of chemicals for EMEA and John Bigham, head of oil and gas investment banking, were all on the bank's database, but were not in when we called. Nomura's cuts don't appear to have extended to senior members of the team. ![]() ![]() Senior bankers have gone, but headhunters suggest that analysts who only joined in September have also been targeted. Sources say this was a new team, with most people joining within the last year. There were 17 people before the cuts last week just eight of whom reportedly now remain. At Nomura, natural resources means oil and gas, metals and mining and chemicals. Nomura’s natural resources team in particular has been slashed. In London, M&A has been impacted too and headhunters suggest that juniors have been particularly targeted. Nomura has not just been making deep cuts to its equities business. ![]()
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