Nomura says to cut up staff in London
Japanese brokerage house Nomura Holdings Inc said it would axe up to 1,000 staff in London in its first big job cuts since it bought parts of failed Lehman Brothers, adding to a wave of lay-offs in the global financial industry.
Layoffs mount as crisis drags on
The global financial sector has seen over 150,000 jobs culled since September when Lehman Brothers filed for bankruptcy. Job Switch: How to make smooth transition
Nomura to cut up to 1,000 staff in UK
Nomura Holdings Inc said it would axe up to 1,000 staff in London in its first big job cuts since it bought parts of failed Lehman Brothers
Three to bid for Lehman’s Neuberger
Lehman Brothers has received three bids for its investment management unit, including Neuberger Berman, Shai Waisman.
Lehman effect: Loan, bond market crumbled
In the nine weeks since Lehman Brothers filed for bankruptcy, global syndicated loan volume declined 37 per cent
Lehman bankruptcy sparked liquidity crisis: Sebi
CB Bhave, Chairman of Securities and Exchange Board of India, said the credit markets in New York and London ceased after Lehman Brothers filed for Chapter 11 bankruptcy.
Nomura to layoff Lehman staff
Nomura will lay off dozens of former Lehman employees because it could not find suitable positions for them. Reshape your career | Trends & turmoil in job mkt
Understanding the commercial liquidation process
In the last month India witnessed the unusual case of a Lehman liquidation unusual because even though Lehman India was solvent, the parent filed for Chapter 11 bankruptcy in the US leading to a liquidation here.
Lehman Brothers creditors meet
Administrators of Lehman Brothers said untangling its financial dealings will be a bigger task than dealing with the fallout of the collapse of energy company Enron Corp.
Is Unitechs mega slum rehabilitation project delayed?
According to CLSA, the one million sq ft development in which Lehman Brothers had acquired a 50% stake in Mumbai\’s Santacruz area is delayed by at least six months. The report says the area is still completely occupied with slums. However, Unitech said, We would like to clarify that the project is on track and that there is no delay.\”