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Nomura to Lay Off Up to 1000 London Employees
By AYAI TOMISAWA TOKYO -- Nomura Holdings Inc. said Thursday it will lay off up to 1000 of its 4500 staff members in London, in a bid to cut costs after purchasing Lehman Brothers equities and investment-banking operations in Europe.
Source: Wall Street Journal
Views: 00 comments on "Nomura to Lay Off Up to 1000 London Employees"
Friday, 09 January 2009
Hoenig: Fed needs plan to withdraw liquidity
DENVER (Reuters) - The Federal Reserve must have a plan to withdraw the hundreds of billions of dollars it is pumping into the economy or risk creating inflation during the...
(Source: Reuters) read more...
Friday, 09 January 2009
Dollar Heads for Weekly Loss Against Yen Before US Payrolls
By Ron Harui and Ye Xie Jan. 9 (Bloomberg) -- The dollar headed for its first weekly loss against the yen in three weeks before a US payroll report that may show the economy lost jobs...
(Source: Bloomberg) read more...
Friday, 09 January 2009
Lenders Backlogged By Refinancing Rush
By Dina ElBoghdady Borrowers are rushing to refinance their mortgages at record low rates but face unexpected delays as swamped lenders struggle to cope with the surge at a time...
(Source: Washington Post) read more...
Friday, 09 January 2009
As His Inmates Grew Thinner, a Sheriff’s Wallet Grew Fatter
By ADAM NOSSITER DECATUR, Ala. - The prisoners in the Morgan County jail here were always hungry. The sheriff, meanwhile, was getting a little richer.
(Source: New York Times) read more...
Chevron Sees Significantly Lower Fourth-Quarter Earnings » (Wall Street Journal)
Wal-Mart, Sears Will Revert to Form » (Wall Street Journal)
FDA Scientists Ask Obama to Restructure Drug Agency » (Wall Street Journal)
Germany to Take Commerzbank Stake » (Wall Street Journal)
- Citigroup Backs Bankruptcy Courts Cutting Loan Rates
- Wal-Mart, Sears Will Revert to Form
- Chevron Sees Significantly Lower Fourth-Quarter Earnings
- Prosecutors: Madoff hoarded $300M
- Consumers borrow less than expected
- Walgreen offering $1 billion in notes
- Mortgage rate relief might not last long
- Bank of America’s Greg Fleming Said to Leave for Yale
- Mag Bag: Country Home Shutters
- Colorado bomb threat curtails holiday events
- RI Sen. Pell, creator of Pell Grants, dies at 90
- Reporter’s Notebook ‘Hail to Chief’ Ambience for President in Waiting
- Memo to Caroline: Act Less Bouvier and More Triborough
- Metal Levels Found High in Tributary After Spill
- Schwarzeneggers latest budget plan: Deep cuts, large tax hikes
- Registry aims to keep inaugural gowns unique
- The Bush Hangover
- Pinellas Standoff Ends, Slaying Suspect In Custody

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