Nomura faces uphill climb to reach global goals
Eighteen months after buying Lehman Brothers’ Asian and European assets, the Japanese bank has witnessed a raft of senior departures. Now it must convince bankers of its business model to step up as an international force.
For an investment bank to lose one head of department is unfortunate, but two within two days looks more like carelessness.
The past month has not been a time to remember fondly for Nomura.
On March 4, Thomas Siegmund, Nomura’s co-head of fixed income for Asia ex-Japan, departed
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