Jesse Bhattal retires from Nomura

Nomura's chief of the wholesale division and deputy president of Nomura, Jasjit "Jesse" Bhattal, retires. Takumi Shibata takes over his responsibilities on an interim basis.
<div style="text-align: left;">
Nomura has struggled to absorb the cost of buying Lehman's European and Asian operations
</div>
<div style="text-align: left;"> Nomura has struggled to absorb the cost of buying Lehman's European and Asian operations </div>

Rumours about Jasjit “Jesse” Bhattal’s future as the head of Nomura’s investment bank have been doing the rounds for years now. There’s never been much debate about whether he would stay or whether he would go — the question has always been when, as industry watchers have wondered how Nomura could possibly have absorbed the cost of buying Lehman Brothers’ European and Asian operations in 2008.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media