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Elizabeth Lumley
Elizabeth Lumley

Elizabeth Lumley

Elizabeth Lumley - Girl, Disrupted

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Tea making and other skills needed by Havard grads

29 July 2009  |  5456 views  |  2

After a merger those who practice the dark art of PR are always keen to emphasise how well things are goings. Staff are settling in nicely and technology is integrating with ease.

However, today's Wall Street Journal has two items which shed a less than rose-tinted glare on the proceedings  between Nomura and the European and Asian operations of Lehman Brothers, which the Asian bank acquired last year.

This week it was announced that Jasjit "Jesse" Bhattal, former chief executive of Lehman's Asian arm, will step down as chairman of Nomura's Asian operations outside of Japan at year end. The WSJ piece seemed to imply that Nomura's senior culture of "Japanese men" had imposed a sort of glass ceiling on top of Bhattal.

Keeping on that theme, the Journal continued with a piece that has started re-appearing on blogs and web sites from Hong Kong to the City.

According to the WSJ:

Japanese brokerage firm Nomura Holdings Inc. kicked off a training session for new hires in April by separating the men and women. The women, including Harvard graduates hired by Lehman Brothers before it collapsed, were taught how to wear their hair, serve tea and choose their wardrobes according to the season, say executives who fielded a complaint about the session.

Would love to hear what the men were taught - the rules of sumo, perhaps?


Comments: (3)

Matt White
Matt White - Finextra - Toronto | 29 July, 2009, 15:37

Well, maybe these women need telling how to act in the workplace...

"Too many women act like bimbos, ball-busters or battle-axes in a bid to get ahead [at work]."

Disclaimer: This is NOT the view of the author but from a press release sent to Finextra today from "the UK's leading communication coaching specialist" Personal Presentation.

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Elizabeth Lumley
Elizabeth Lumley - Girl, Disrupted - Crayford | 29 July, 2009, 16:17

If I hadn't seen the press release I wouldn't believe it.

Excuse me please while I hang up my 'battle-axe', I need to go 'bust some balls' and it is very difficult trying to do two at once while wearing such a short skirt and low-cut top!

Methinks this PR person needs some quiet lessons on how to make tea by a female Nomura executive.

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A Finextra member
A Finextra member | 04 August, 2009, 10:18

Don't forget that apparently if it had been "Lehman Sisters" as opposed to "Lehman Brothers", there wouldn't have been such a mess in the first place, according to Harriet Harman, Labour's deputy leader and (perhaps alarmingly) the equalities minister!

Food for thought? It's certainly an unconventional train of thought.

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job title Global FinTech Commentator
location Crayford
member since 2009
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Global FinTech commentator. Author of the Girl, Disrupted blog

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