Results tagged “Nomura”
Its collapse came to symbolise the financial crisis and the last remnants of Lehman Brothers is set to disappear from Canary Wharf soon.
The failed bank's administrators will vacate Lehman's former headquarters at 25 Bank Street on March 31 and will stop paying rent on April 1.
The work of volunteers from businesses in Canary Wharf and the City was recognised at an awards ceremony last week.
Wilton's Music Hall in Limehouse was the venue for the East London Business Alliance Annual Volunteer Awards, presented by London chairman of KPMG and ELBA chairman, Richard Reid.
Schoolchildren from Tower Hamlets enjoyed a grand day out at the home of rugby last week.
The finals of the Nomura-Josh Lewsey Rugby Academy took place in front of a crowd of 30,000 at Twickenham last Thursday, just before the Nomura Varsity Match.
Banking bonuses are back on the agenda but some Wharf-based institutions are taking a different approach to recruiting and keeping the best talent.
Citigroup announced last month they would be increasing basic salaries for staff by 50 per cent to offset reduced bonuses.
Nomura looks set to leave Canary Wharf for a new home in the City.
The Japanese bank took on Lehman Brothers' space at 25 Bank Street when it snapped up the UK arm of the stricken bank in October. But it is now in exclusive talks to move into the upcoming Watermark Place development.
Rugby in east London has had a major boost after Nomura agreed to continue funding the Josh Lewsey Rugby Academy.
The Japanese bank picked up the sponsorship of the Academy, set up by the former England player two years ago, after the collapse of original sponsors Lehman Brothers last year.
Canary Wharf Group's parent company Songbird has posted a £1.82billion pre-tax loss for the year.
The estate landlord - which has been hit by falling property prices in recent months - warned there is a material risk of breaching financial covenants over the next 12 months.
Nomura is unlikely to move its headquarters to Canary Wharf.
The Japanese bank was mulling over moving its 3,600 staff to the former Lehman Brothers office in Bank Street but seem set to stay in the City.
Wharf employees will be on the look-out for anti-capitalist wizards and demons this Halloween.
A legion of fancy-dressed groups will be gathering outside the former Lehman Brothers office on 25 Bank Street to "dance on the grave of capitalism" on Friday evening.
ENGLAND rugby star Josh Lewsey was helping inspire the next generation of players when he came to the Isle of Dogs this week.
The World Cup winner visited Seven Mills school on the Isle of Dogs on Monday with his rugby academy to promote the game.
LEHMAN'S new owners have arrived in the Wharf with a bang.
Japanese bank Nomura closed its deal for the stricken giant on Monday, and promptly threw a party to drum up support among its new employees.
Traditional oriental drumming echoed through 25 Bank Street during a mixer between Lehman staff and their new Nomura counterparts from St Martin's-Le-Grand in the City.
Nomura has pledged to keep a "significant amount" of the 2,000 staff in the investment banking and equities divisions, which it snapped up for a nominal $2 on September 23.
LEHMAN Brothers staff are “upbeat� after a deal which could save up to 2,000 jobs in Canary Wharf.
Japanese investment bank Nomura snapped up the company’s investment banking and equities divisions on Tuesday for a nominal fee believed to be $2.
ASIAN investment bank Nomura has announced a deal to buy a chunk of stricken firm Lehman Brothers.
The company will snap up the European and Middle Eastern investment banking and equities businesses in a move which could save up to 2,500 jobs.
The buy-out includes offices in the UK, as well as the Netherlands, Germany, Sweden, Italy, Spain, Kuwait, Dubai and Qatar.
Administrator PricewaterhouseCoopers announced the deal after a week of uncertainty for the bankrupt Wall Street giant.
