Senior Lehman Brothers Asia staff keep their bonuses
The Japanese bank, which took over Lehman Brothers' Asia operations last week, has agreed to pay bonuses equal to 2007 payouts, with 70% paid in cash in March and the remaining 30% paid in cash six months later, according to a market insider. Nomura has also guaranteed the group's second-year bonuses, which will be paid 75% in cash and 25% in stock options.
"The 2007 bonuses were some of the largest ever because most people achieved their annual targets by August [that year], before the market
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