Nomura Securities Co in survival mode/Sony's new boss

Stringer to be replaced by youngest Sony boss since ...

February 02, 2012

Sony Corp. has named Kazuo Hirai to take over as its president and CEO, heralding the end of the seven-year tenure of Welsh-born American Howard Stringer.

Sony Veteran Lands Top Spot

Sony tapped PlayStation veteran Kazuo Hirai as president and CEO, in a move expected to accelerate alignment of its consumer electronics with content and services.

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Huge losses put Japan's top brokerage in survival mode

SHUKAN ASAHI WEEKLY MAGAZINE

2012/02/02

Nomura Securities Co.'s headquarters in Tokyo (Asahi Shimbun file photo)

The once-mighty House of Nomura, shaken to its very foundation by a massive loss mainly from its European operations, may come under the control of a megabank as it seeks a way to survive.