- Bank taps into Facebook for recruitment
- Nomura takes on 60% of former Lehman Brothers trainee graduates
The use of social networks in business continues to prove popular, after it emerged Japanese bank Nomura utilised Facebook to recruit former graduate trainees of failed investment bank, Lehman Brothers.
It’s claimed up to 60% of Lehman’s trainee graduates were hired by Nomura, following the Japanese bank’s use of Facebook to identify potential candidates. Last autumn, Nomura acquired Lehman Brothers’ European, Middle-Eastern, and Asia-Pacific arms, for the combined sum of just $4. Today’s news comes on the anniversary of Lehman’s demise, which subsequently triggered the banking crisis and led to the current recession.