Nomura acquired Lehman Brothers

Last week it was UK bank , Barclays acquisition of Lehman Brothers North American operations, yesterday it was Japanese bank Nomura. Nomura, Japanese Investment bank has shown great interest in Lehman Asia and Europe Investment banking operations. According to Nomura officials, though at wall street Investment banking business faced a set back, as cleared from the change of banking status of banking majors, Goldman Sachs and Morgan Stanley, but still lot to be tapped in the Investment banking space in Asia and Europe. Besides, with Nomura eying Lehman operations will certainly save some 5500 odd jobs in the Asia and European belt of the bankrupt Investment bank.

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Thanks&Regards,
Mohit Kumar