Nomura said CEO Kenichi Watanabe’s pay would be halved for six months to take responsibility for the brokerage’s third insider trading scandal since he took charge four years ago. In the year to end-March, 59-year-old Watanabe was paid US $1.6 million, including options.
Nomura has 27,000 employees and is Japans largest asset manager with US$ one trillion from private clients alone.
Nomura reported profits of $141 million for the 12 months fiscal year ending March 31st, 2012. This was a better result than in 2009 when the company lost $7.1 Billion. Nomura has $29 billion in shareholders equity. Nomura’s shares pay a current dividend yield of 2%.
The Dominican Republic has emerged as a regional leader in attracting foreign direct investment (FDI)…
He’s the laid-back surfer who redefined advertising, the enigmatic visionary behind Apple’s "1984" and "Think…
Monetary policymakers from the world’s largest economies are opting to play a cautious hand. This…
"Mad Men", the award-winning AMC drama, wasn't just television; it was a cultural phenomenon. More…
When contemplating the geopolitical chessboard of semiconductor manufacturing, the mind often drifts to the sprawling…
The S&P 500 officially entered correction territory this week, sliding over 10 percent from its…