Japanese bank top bidder to buy Lehmans' European arm
Japanese bank Nomura is today understood to have been chosen as preferred bidder to buy Lehman Brothers' European arm in a deal that could save at least 1,000 London jobs.
PricewaterhouseCoopers, which was appointed administrator to Lehmans' European operations last week, confirmed it was in talks with one party interested in acquiring “a wider team”, which could help safeguard many of the 3,000 staff employed at the investment and private equity businesses in the UK and Europe.
