Financial Times FT.com

Nomura sees its future looking back to era of conservative bankers

By Chris Hughes and Peter Thal Larsen

Published: October 12 2008 19:51 | Last updated: October 12 2008 19:51

As the world braces itself for another week of mayhem on the financial markets, there will be a small celebration of eastern culture in a Canary Wharf building that has become a totem for the global financial crisis.

The European headquarters of Lehman Brothers will today be taken over by Nomura, the Japanese bank that bought most of the failed Wall Street investment bank’s international operations out of administration.

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