"Today is D-day," says a source, as the big rumored cuts in Nomura's (NMR) European investment...

|About: Nomura Holdings, Inc. (NMR)|By:, SA News Editor
"Today is D-day," says a source, as the big rumored cuts in Nomura's (NMR) European investment banking unit look to be happening. Up to 30% of the positions are likely to go, according to multiple sources; it's part of a move to slash costs by $1B.