Nomura has thrived on its determination to provide clients with financial solutions that are innovative and highly relevant to the circumstances and the times.
For example, in 1906 the bank showed vision, innovation and flair by establishing the first in-house research department in Japan. At the same time we started to publish a daily newsletter, the widely distributed Osaka Nomura Business News. The newsletter contained information on the previous day's trading, analyses of particular stocks, and articles on current economics trends.
It was a service which no other broker had ever considered, and attracted a great deal of attention within financial circles.
Fast forward to 2008 and the same tradition of innovation is at work.
In a move that surprised many, Nomura bought key parts of Lehman Brothers and over 90 per cent of the existing staff in Europe. It was a strategic opportunity to expand our international footprint and advance our goal of becoming one of the top five independent global investment banks.
Bold moves and speed are hallmarks of Nomura. In fact, the decision to purchase Lehman Brothers was made within 48 hours.
While we operate with an entrepreneurial spirit, our initiatives have always been measured with a view to long term sustainability. We offer the best of both.