At 8 a.m. on Jan. 10, Takumi Shibata, chief operating officer of Nomura Holdings Inc., walked into the firm’s London boardroom overlooking the River Thames to try to salvage the 2008 acquisition of the European and Asian units of bankrupt Lehman Brothers Holdings Inc.
Nomura Holdings Inc. named Steven Ashley as global head of fixed income following the resignations of two top bankers who joined when Japan’s biggest brokerage bought Lehman Brothers Holdings Inc. operations in 2008.
Nomura Holdings Inc. ’s deputy global investment banking head, Christian Meissner , quit less than two years after he arranged the sale of Lehman Brothers Holdings Inc.’s European unit to the Japanese brokerage.
Nomura Holdings Inc. executives attending the annual meeting for top managers in Tokyo this month witnessed an unprecedented event at the 84-year-old firm: The chief executive officer gave his address in English.
Nomura Holdings Inc., Japan’s biggest securities firm, will cut about 30 managers in its fixed income unit, three months after naming Steve Ashley global head of the division, a person briefed on the matter said.
Nomura Holdings Inc., Japan’s largest brokerage, said it will consider eliminating jobs at home as part of a plan to triple cost cuts to $1.2 billion following its first quarterly loss in more than two years.