Banking crisis: Nomura buying European arm of Lehman Brothers

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Banking crisis: Nomura buying European arm of Lehman Brothers

23rd September 2008, 14:20:PM

Japanese brokerage said it would retain a 'significant proportion' of the workforce, with the majority likely to be based at its Canary Wharf site in London

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Tags: bank, business, crisis, european, guardian, money, ock, significant, workforce
Legal Beagles

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Joined: Aug 2007

Posts: 23058
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#2

23rd September 2008, 15:40:PM

Japanese bank steps in to save 2,500 jobs at Lehman in London as new panic grips stoc

The threatened jobs of up to 2,500 Lehman Brothers staff in London were saved today when the bulk of its Canary Wharf operations were sold to a Japanese bank.

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Banking crisis: Nomura buying European arm of Lehman Brothers

Banking crisis: Nomura buying European arm of Lehman Brothers

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