Jesse Bhattal resigns as Nomura's (NMR) deputy president, a further blow to the bank's ambitious...

|About: Nomura Holdings, Inc. (NMR)|By:, SA News Editor
Jesse Bhattal resigns as Nomura's (NMR) deputy president, a further blow to the bank's ambitious global expansion hopes. Nomura had hoped its 2008 purchase of Lehman's European and Asian businesses (along with bringing on Bhattal) would jump start the effort, but thus far the acquisitions have proven unprofitable.