Japan's Nomura Holdings Inc., which will dismiss about 1,000 employees in London, announced a new management structure for its global wholesale business, effectively marking the end of the transition process of its acquisition of most divisions of Lehman Brothers Holdings Inc.'s Asia-Pacific franchise, including Hong Kong, Singapore, Australia, India, Thailand and Japan.

The committee reporting to the executive management board chaired by Kenichi Watanabe (pictured) includes: chairman Takumi Shibata, deputy president and CEO of Nomura Holdings; Akira Maruyama, global markets CEO; Hiromi Yamaji, global investment banking CEO; Shoichi Nagamatsu, global merchant banking CEO; Atsushi Yoshikawa, asset management CEO; Masafumi Nakada, chief financial officer; David Benson, chief risk officer; Hiroshi Tanaka, chief information officer; Noriaki Nagai, head of corporate; Yugo Ishida, chairman of three holding companies in Europe, Asia (ex-Japan) and the Americas; Sadeq Sayeed, chairman and regional CEO of the Europe executive management committee; Jasjit Bhattal, chairman of Asia; and Shigesuke Kashiwagi, chairman and regional CEO of the Americas executive management committee.

Kenji Kimura serves as chief operating officer of the Europe executive management committee. For the Asia committee: chairman and CEO Yoshihiro Fukuta; Minoru Shinohara, COO; and Yoshinori Go, wealth management.

Also, Nomura made Bhattal a senior managing director at Nomura Securities. Tarun Jotwani becomes head of global fixed income and a senior managing director of Nomura Securities, based in Tokyo. Zenji Nakamura was named co-head of global fixed income and a senior managing director of Nomura Securities, based in London and responsible for fixed income in Europe and the Americas. Hiroyuki Suzuki will move to Tokyo to become a senior managing director, investment banking, at Nomura Securities.

David Bizer, who was head of fixed income sales for EMEA at Lehman Brothers, was recently named head of global markets sales for Nomura. He works from London. Georges Assi and Kieran Higgins were appointed heads of fixed income for EMEA.

As part of a restructuring after the credit crunch fallout, Credit Suisse Group is cutting 5,300 jobs, primarily in investment banking. The cuts represent an 11% reduction of the bank's overall headcount. A "vast majority" of the reductions will take place by mid-2009.

"In response to extraordinary market conditions," private equity firm Carlyle Group said it plans to cut about 100 jobs, or 10% of its workforce. Carlyle said some of the cuts would affect leveraged buyout dealmakers, while most will occur in back-office operations.

Financial services firm State Street Corp. will reduce its workforce by about 6%. State Street will cut the 1,600 to 1,800 positions between now and the end of the first quarter. Around two-thirds of the reductions will occur in North America with the rest in Europe and the Asia Pacific region.

Investment bank Jefferies Group Inc. said it would close its offices in Dubai, Singapore and Tokyo. Jefferies said its total staff reduction for this year will total 18%. It started 2008 with 2,508 people.

Welsh, Carson, Anderson & Stowe, a private equity investor in information business services and healthcare, named Daniel Pelak, Scott Bontempo and Jeffrey Gallant as senior operating executives. Pelak, who was previously CEO at InnerPulse Inc., will focus on healthcare investments. Bontempo was a lead human resource executive at Cerberus Capital Management LP. Gallant was a vice president of procurement for Bell Canada. Bontempo and Gallant will assist in deal sourcing, due diligence and operational plans in the firm's portfolio companies.

K&L Gates LLP and Bell, Boyd & Lloyd LLP are discussing a possible combination of firms, which if approved, would occur in the first quarter. The resulting firm would have about 2,000 lawyers in 30 offices in the U.S., Europe and Asia. In addition to Chicago, Bell Boyd has offices in San Diego and Washington. Discussions between the firms began in the summer.

In Chicago, Frank Diliberto joined KPMG Corporate Finance LLC as a managing director with real estate services, heading the firm's real estate auction platform. Diliberto began his career with Sheldon Good & Co. LLC in 1990. He then formed Inland Real Estate Auctions Inc.

Lovells LLP announced that Kevin Townsend joined the firm's intellectual property media and technology practice. Townsend was previously senior in-house counsel in the patent department of Johnson & Johnson. Before J&J, he worked at Eli Lilly and Co.

Huron Consulting Group added Bradley Fetters and Donna Verret to its health and education consulting practice. Prior to Huron, Fetters was the senior director of performance management and innovation at Tenet Healthcare Corp. He is based in Dallas. Earlier, Verret was a senior vice president for business transformation at PacifiCare Health Systems Inc. She is based in Houston.