Reported 25 days ago
Nomura Holdings Inc. is grappling with significant turmoil as it navigates a market manipulation scandal and the arrest of a former employee for robbery and attempted murder, even as it reports increased quarterly profits. CEO Kentaro Okuda and executives will take pay cuts following the incident that led several firms to halt trading with Nomura. The company, while showing financial growth, struggles with reputation damage and client trust amidst these alarming events.
Source: YAHOO