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Nomura capital bid
NOMURA, the Japanese bank which has bought part of Lehman Brothers' London operations, is expected to raise new capital following the £1.35bn deal.
Tokyo newspapers yesterday reported that Nomura is likely to issue subordinated loans and other financial products to insurance firms and trading houses in an attempt to bolster its capital base against the ongoing financial storm.
The capital raising is expected to stretch to hundreds of billions of yen.
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Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
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Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
