Asia-based investment bank Nomura International yesterday said it has received a banking licence from the Dubai Financial Services Authority to provide investment banking and capital markets services from the Dubai International Financial Centre (DIFC).
Nomura, which completed the acquisition of Lehman Brothers' investment banking, equities and fixed income businesses in the Middle East on October 13, 2008, said it plans to offer consolidated services in the region.
Abdulla Al Awar, Managing Director of DIFC, said: "The Middle East offers Nomura tremendous long-term opportunities, and with the acquisition of Lehman Brothers' businesses in the region, it is perfectly positioned to tap the growing regional market for financial services."
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