Nomura seeks capital, consolidates Lehman acquisition
Nomura appoints just one ex-Lehman banker to a senior post, as it plans to raise $4.3 billion in debt.
Nomura moved forward on Monday to calm speculation on the role of ex-Lehman bankers now working for Nomura, and also said it will raise fresh capital from the issuance of bonds and convertible bonds to consolidate its precarious financial position. The combined sale will reportedly bring in Ñ410 billion $4.3 billion, of which the convertible bonds will comprise Ñ110 billion.
The Japanese investment bank needs cash after acquiring most of Lehman Brothers' operations in Asia-Pacific and Europe after the...
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