The ex-Lehman Brothers Inc. banker who was to salvage Nomura Holdings Inc.'s ambitious global expansion resigned after he was unable to garner support for a more radical overhaul of the global wholesale-banking operations, people familiar with the matter said.
The resignation of Jasjit "Jesse" Bhattal, Nomura's highest-ranking foreign executive and joint deputy president, is a major blow to Nomura's bid to become a global investment-banking powerhouse. On Bloomberg.
Also see on the WSJ: Nomura banker quits over cuts