Nomura has agreed a short-term deal to occupy about a third of the former Lehman headquarters in Canary Wharf.

The bank agreed a deal late yesterday evening with Lehman Brothers’ administrator.

Nomura will occupy more than 300,000 sq ft of office space until 2010 while it considers the wider occupational needs for its merged operations.

Nomura will also remain in occupation of its Nomura House headquarters in the City of London.

The bank has still to make a long-term decision whether to remain in the City or move to Canary Wharf given the fact that its fully owned headquarters is not big enough for the merged group.

Financial Times