Entries tagged "Kieran Higgins"
Japan's largest brokerage, Nomura Holdings Inc., is feeling growing pains as the costs associated with its acquisition of Lehman Brothers Holdings Inc.'s assets and a slumping global economy force it to downsize. Nomura said it would cut about 1,000 employees in London after a review of equities and investment banking operations. Nomura also announced a new management structure for its global wholesale business, effectively marking the end of the transition process for it's acquisition of most parts of Lehman's Asia-Pacific franchise, including Hong Kong, Singapore, Australia, India, Thailand and Japan....