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Nomura May Buy An Investment Bank

Crazy Man

Nomura’s largest securities firm, may buy an Asian investment bank or broker to tap the region’s economic growth and increasing number of affluent people, Chief Executive Officer Koji Nagai said.

Barclays New CEO Shake-Up: What to Expect

Barclays Canary Wharf

Antony Jenkins, the new Chief Executive of Barclays, is to announce a shake-up of the business early next year which will shrink the investment banking division and bankers’ paydays.

Glencore / Xstrata Battle Likely to Get Bloodier

Red River

Welcome to the world of mergers and acquisitions, Mr Blair. You've picked a corker – a deal that threatens to become the nastiest and most bitter we've seen for years. The decades-old friendship-cum-jolly-rivalry between Glencore's Ivan Glasenberg and Xstrata's Mick Davis already looks to be dead. And in the middle of the drama stand your friends from Qatar, who will settle the outcome.

Senate JPMorgan 'Whale' Probe Said To Gather Pace

Beached Whale

JPMorgan's wrong-way bets on derivatives are the focus of an escalating investigation by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs and HSBC, three people briefed on the inquiry said.