Japan's Nomura ends financial adviser era, to move 1,500 jobs

Japan's Nomura ends financial adviser era, to move 1,500 jobs

A man walks next to a sign for Nomura Securities in Tokyo July 25, 2013. REUTERS/Yuya Shino

Japan’s Nomura will no longer employ financial advisers in its retail division and plans to move more than 1,500 employees to other roles from April as a result, the investment bank and brokerage told Reuters.

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