Reported 1 day ago
Nomura Holdings will implement pay cuts for its CEO and senior managers following the arrest of a former employee for robbery and attempted murder. CEO Kentaro Okuda will return 30% of his salary for three months, reflecting the company's commitment to accountability and rebuilding trust amid ongoing scandals. The firm is also enhancing compliance measures to prevent future misconduct, while its stock remains buoyant despite the issues.
Source: YAHOO