Nomura buys Lehman in Europe, Middle East

25 Sep 2008

Nomura this week bought the investment banking and equities businesses of Lehman Brothers in Europe and the Middle East.

The Japanese securities broker told staff that it intends to keep Lehman’s management running the two. It is also expected to move into Lehman’s London offices at Canary Wharf.

Nomura paid $2 for the assets after Lehman was forced into bankruptcy last week. It has taken on ...

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