Nomura International has won employment tribunal cases in London brought by two former Lehman Brothers staff alleging sex and race discrimination and unfair dismissal after being made redundant following the Japanese bank's takeover of parts of the collapsed US firm.

Anna Francis, who has dual UK and New Zealand nationality, had worked for Lehman from September 2004 until its collapse four years later, and was part of the bank's pan-Asian equity sales team before transferring to Nomura. She was dismissed in January last year.