Nomura Profits Surge 33% [Morning Update]

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals.

Today’s Top Stories:

• New Housing Plan: Obama today will unveil a separate refinancing program targeted at non-agency homeowners (making refinancing easier for mortgages not backed by Fannie or Freddie) although this is the only initiative that will require Congressional approval
• Credit Suisse Laying off 109 in NYC: Credit Suisse yesterday filed with the New York state regulators saying they are going to eliminate 109 investment banking jobs in NYC beginning in Marchhttp://bit.ly/z1AgeG
• Small Business Borrowing: The Thomson Reuters/PayNet...
  

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