Nomura integrates lehman brothers in asia and europe
1. Nomura Integrates Lehman Brothers
in Asia and Europe
Group 5
Group Member: Xiaoxian Huang (Kee) 300718586
Inwai Wu (Irving) 300710851
Yingyu Chen(Jenny) 300730043
Zitong Gao (Mickee) 300691127
2. There was no buyer
Its balance sheet was a disaster
There was no political palatability for
bailouts
3. Assets become very cheap
French investment banking
operations
Lehman is one of the list of elite
investment banking
Extremely enhance Nomura's
presence
An elite investment banking
firms
5. Quickly overhaul our wholesale
business
Create unique investment banking
model based on client businesses.
Reduce operating costs with
acquisition of global infrastructure
platform
Create world-class management
structure in terms of organization
management bodies, corporate
systems.
6. more than $30 billion
$517 billion in debt
financial turmoil
$12 trillion
Owed $517 billion