Final answer:
The integration of Lehman Brothers' assets in Asia and Europe faced economic, competition, infrastructure, legal system, and cultural differences problems.
Step-by-step explanation:
In the context of "Nomura’s Integration of Lehman Brothers' Assets in Asia and Europe," there were several problems encountered during the integration.
- An economic environment problem that arose was the global financial crisis in 2008, which impacted the financial stability of Lehman Brothers and other financial institutions worldwide.
- Competition problems arose due to the presence of other financial institutions in the Asian and European markets, which created challenges for Nomura in establishing its presence and gaining market share.
- Infrastructure problems could include issues related to physical infrastructure, such as IT systems and communication networks, that needed to be integrated between the two companies.
- Legal system problems could encompass differences in regulations and legal frameworks across different jurisdictions, which required careful navigation and compliance.
- Cultural differences may have presented challenges in terms of communication, decision-making, and work practices between employees of Lehman Brothers and Nomura.