Lehman MDs opt for Nomura stay

Over 80% of senior bankers in Lehman Brothers’ European business have agreed to stay with the bank following its acquisition by Japan's Nomura, despite a slew of high-profile departures.

More than 80% of managing directors in Lehman Brothers’ investment banking business yesterday signed new contracts with Nomura, while in the bank’s equities division, over 90% of MDs are staying.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire