TITLE

Nomura Gets a Dose of Wall St

AUTHOR(S)
Kelly, Tim
PUB. DATE
December 2008
SOURCE
Forbes Asia;12/22/2008, Vol. 4 Issue 22, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the management skills of chief executive officer, Kenichi Watanabe, of Japan's biggest brokerage firm Nomura Holdings Inc. will be tested with the integration of 8,000 former Lehman Brothers Holdings Inc. workers into Nomura's workforce. It mentions that Nomura has bought the Asian and European operations of the failed American investment bank for $200 million. It informs that Watanabe has given himself three years to blend the business cultures of the two companies.
ACCESSION #
35886113

 

Related Articles

  • Nomura CEO resigns in wake of insider trading scandal. Hayashi, Aiko // FinanceAsia;Aug2012, p28 

    The article announces the resignation of Nomura Holdings Inc. chief executive officer (CEO) Kenichi Watanabe and chief operating officer (COO) Takumi Shibata.

  • McGilloway: Firms will need 'chief integration officers'. Stirland, Sarah // Securities Industry News;02/22/99, Vol. 11 Issue 8, p12 

    Talks about Lehman Brothers' technology and operations strategy for survival going into the future according to Chief Information Officer and Managing Director Kevin McGilloway. Key elements of staying competitive in the globally networked economy; Strategic application of securities processing...

  • Unclear road ahead for Lehman Brothers. Beaman, Lucinda // Money Management;10/9/2008, Vol. 22 Issue 38, p6 

    The article reports that Lehman Brothers Australia has been placed into voluntary administration amidst uncertainty over its ability to repay $800 million local and overseas debt, following the collapse of its parent company in 2008. Lehman Brothers Australia owed $531.6 million from...

  • NOMURA'S GAME PLAN IN ASIA.  // FinanceAsia;Oct2008, p26 

    The article focuses on the strategic plan used by Nomura in acquiring Lehman Brothers Holdings Inc. business in Asia. Nomura has made a good business deal because they only spent $225 million. According to Nomura managing director Takeo Sumino, they are planning to emphasize the traditional...

  • Nomura Gobbles Lehman Assets.  // Mergers & Acquisitions Report;9/29/2008, Vol. 21 Issue 37, p1 

    This article reports on the move of Nomura Holdings, the Asian investment bank, to acquire two of the assets of bankrupt U.S.-based investment bank Lehman Bros. Nomura Holdings said that it will take the European and Middle Easter equities and investment banking operations of Lehman Bros. A...

  • Lehman Australia snapped up by Nomura. Beaman, Lucinda // Money Management;10/2/2008, Vol. 22 Issue 37, p10 

    The article reports on the acquisition of the Asian operations of Lehman Brothers Holding Inc. by Japan's largest broker Nomura Holdings Inc. The deal, which includes all franchises of Lehman Brothers, will offer all employees in the Asia Pacific employment with Nomura. The move is also...

  • HOW THE BROKERAGE FIRMS STACK UP.  // Bank Investment Consultant;Sep2000, Vol. 8 Issue 9, p44 

    Presents information concerning brokerage firms for 1998 and 1999. Merrill Lynch & Co. Inc.; Morgan Stanley Dean Witter Co.; Lehman Brothers Holdings Inc.; Salomon Smith Barney Holdings Inc.

  • Lehman Files Chapter 11; Liquidation Looms. ROZENS, ALEKSANDRAS; TERZO, GERELYN // Bond Buyer;9/16/2008, Vol. 365 Issue 32962, p27 

    The article reports that the brokerage firm Lehman Brothers Inc. has filed for Chapter 11 bankruptcy protection in New York's Southern District Bankruptcy Court. It mentions that Lehman is the fourth-largest bank in the U.S. and has more than 25,000 employees. It informs that this failure is one...

  • THE RAGE OF THE PREVIOUSLY RICH. Sherman, Gabriel // New York;9/29/2008, p28 

    The article presents the account of a Lehman Brothers Holdings Inc. trader whose compensation was cut following the company's bankruptcy filing. The narrative describes the trader's thoughts on losing a significant portion of his net worth and discusses the financial situation of other Lehman...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics