The New York Times
24 am Kiyoshi Ota/Bloomberg News A branch of Nomura Securities in Tokyo. With Nomura announcing $1 billion in cost cuts on Friday, the Japanese firm formally and concretely revealed a retreat from the role it once sought at a global financial player.
The New York Observer
A little over a month ago, The Wall Street Journal identified the Curse of Dick Fuld , after the bank bosses who picked assets off the carcass of Lehman Brothers resigned from their posts in unceremonious fashion. First went Bob Diamond, who snapped...