Nomura readies former Lehman staff for trading

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Nomura has been working feverishly to integrate the majority of the 3,000 Lehman Brothers staff it took on in Asia after the US securities dealer went bankrupt in September and expects to have operations integrated by January 1. Nomura offered employment to 90% of Lehman Brothers' employees in Asia (see also page 10).

"We are going through the integration process right now," says George Sun, formerly head of credit sales at Lehman Brothers in Hong Kong. "We have announced a lot of what the new

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