Nomura profile: New model army


The two ex-heads of Lehman Brothers’ fixed income business in Europe – Kieran Higgins and Georges Assi – are candid in admitting the now-defunct US bank got it wrong. The Nomura acquisition, though, has given them a second chance and, armed with a revamped business model, they are determined to do things differently.

For anyone visiting 25 Bank Street in London’s Canary Wharf – the offices that Nomura inherited when it bought the European operations of Lehman Brothers in September 2008 – the exp