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Instinet Europe equities head to depart

Head of equities at Nomura-owned agency-broker set to leave the firm for 'personal reasons' at a time of consolidation and cuts across industry

The head of equities at Nomura-owned agency-broker Instinet Europe is set to leave the firm for “personal reasons”, with the company confirming it is not seeking a replacement.

Peter Howard, who joined Instinet Europe as head of equities in 2005 from investment bank ABN Amro, is set to "take a break from the industry", according to a company spokesman.

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