• 23 Sep 2008 at 9:15 AM

Nomura Buys Brothers?

By Bess Levin

Nomura Holdings has apparently agreed to buy the European operations of Lehman Brothers. Supposedly management just held a meeting with IBD, and announced that 500 out of the roughly 700+ person staff will be retained, with one month of severance offered to those left of the deal.

Comments (15)

  1. 1
    Posted by guest | September 23, 2008 at 9:25 AM

    The Japanese will be better overlords than the chinese. I’m glad they decided to buy 20% of morgan stanley also.

  2. 2
    Posted by guest | September 23, 2008 at 9:42 AM

    700 ?
    what abt UK ?

  3. 3
    Posted by guest | September 23, 2008 at 9:45 AM

    @2– that’s europe IBD

  4. 4
    Posted by guest | September 23, 2008 at 9:46 AM

    w00t High quality sushi restaurants and saki bars in all the Morgan Stanley buildings soon! Maybe they’ll give out free toyotas to the managing directors.

  5. 5
    Posted by guest | September 23, 2008 at 9:49 AM

    ok, so what did [clenches teeth] barclays [unclenches teeth] buy again?

  6. 6
    Posted by guest | September 23, 2008 at 9:50 AM

    barclays bought ibd in us, genius

  7. 7
    Posted by MostOffensive | September 23, 2008 at 9:57 AM

    Anyone thought of a fake Dick Fuld? This is hilarious: http://www.nydailynews.com/news/politics/2008/09/22/2008-09-22_fake_sarah_palin_earns_a_real_new_york_w.html

  8. 8
    Posted by guest | September 23, 2008 at 9:58 AM

    The Japanese are buying.
    Time to sell!

  9. 9
    Posted by guest | September 23, 2008 at 10:03 AM

    @ 6
    thanks. even geniuses take days off.
    or haven’t you been paying attention?

  10. 10
    Posted by guest | September 23, 2008 at 10:04 AM

    bess, I think the ‘about us’ section on db is dated

  11. 11
    Posted by guest | September 23, 2008 at 10:10 AM

    @7
    Why would you ever want to walk around NY if you looked like Dick Fuld.

  12. 12
    Posted by MostOffensive | September 23, 2008 at 10:14 AM

    over/ under on how long it would take someone to club fake dick fuld with a baseball bat?

  13. 13
    Posted by guest | September 23, 2008 at 10:27 AM

    Is Fixed Income fucked? Doesn’t look like anyone is interested in buying them!

  14. 14
    Posted by guest | September 23, 2008 at 10:45 AM

    just to clarify – Nomura have bought the € IBD & equity divisions of Lehman only? Correct? i.e. FI has been tossed aside?

  15. 15
    Posted by guest | September 23, 2008 at 12:14 PM

    are employees hopping onboard barclays in ny getting any severance pay?

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