10.03.2011 - Nomura is making a sudden and disturbing pullback from commodities

From Efinancialcareers.co.uk: In a possible indication of further FICC reversals to come across the industry, Nomura – which had been vigorously building a commodities business – has changed its mind. Sparkspread reported yesterday that the Japanese bank has decided to close its global energy and soft commodities business, at the possible cost of hundreds of jobs..............................................Full Article: Source

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