In wake of info leak, Nomura Holdings shareholders urged to reject CEO's re-election bid
Nomura Holdings Inc. shareholders should vote against the reappointment of its long-standing chief executive officer after Japan's biggest brokerage was penalized for leaking market-sensitive information, according to Institutional Shareholder Services Inc. CEO Koji Nagai "should be held responsible for the information leakage incident" and so ...
Nomura CEO to take 3-month pay cut over leak of information about Japan stock market changes
Nomura Holdings Inc.’s CEO will take a pay cut to assume responsibility for improper handling of stock market information by employees.
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed. The retreat sounded last month by Nomura Holdings Inc. marks just the latest overseas flop, prompting ...
Nomura experts see only slim chance of comprehensive China-U.S. trade deal this week
Nomura analysts see a high likelihood that further negotiations between the United States and China will be needed before a final trade deal is reached, dragging out a dispute between the world's two biggest economies that has kept investors on edge. "At this point, we ...
Boycott of Brunei-owned businesses over gay sex death penalty expected to expand
Businesses will likely continue to shun companies owned by Brunei, activists and consultants said, as they come under pressure to honor commitments to LGBT+ rights after the sultanate imposed the death penalty for gay sex and adultery. Meanwhile, global oil company Shell, which has a ...
Brokerage house Nomura posts first full-year net loss in a decade
Nomura Holdings Inc. posted its first full-year net loss in a decade for the year to March, reflecting losses linked to overseas operations and restructuring. The brokerage house said Thursday that it had swung to a consolidated net loss of ¥100.4 billion from the year-before ...
Nomura Holdings CEO Koji Nagai vows to cut costs and keep struggling brokerage independent
Nomura Holdings Inc.'s chief executive vowed to keep Japan's biggest brokerage independent and quickly implement his latest turnaround plan as a slumping share price puts the question of a potential merger in focus. "We cherish the strengths and utility that we have through our independence ...
Nomura shares sink as investors flee amid skepticism about revival plans
Nomura Holdings Inc.'s latest attempt to revamp its international business is falling flat with investors, who have never been so downbeat on the stock relative to global peers. Japan's largest brokerage has dropped almost 3 percent in Tokyo trading since Chief Executive Officer Koji Nagai ...
Line hopes app's links with Japan's Mizuho and Nomura can open 78 million wallets
Line Corp. is betting that tie-ups with Japan's biggest financial institutions will help convince its 78 million users to entrust the free texting app with their money. The operator of Japan's most popular messaging platform plans to introduce the Line Securities equities trading service jointly ...
Nomura Holdings planning ¥100 billion fund with Chinese firm
Nomura Holdings Inc. is planning to establish a fund of over ¥100 billion with Beijing-affiliated China Investment Corp. to help companies from both countries expand businesses, a source close to the matter said Tuesday. They aim to reach a basic agreement to coincide with Prime ...
Line Corp. and Nomura Holdings Inc. are considering providing joint securities services to clients who use Line. The two companies said Wednesday that they are planning to establish a joint venture by the end of May to offer mobile and online brokerage services and investment ...
Nomura unit told to end abuse of work system that forced hundreds to engage in unpaid overtime
The Tokyo Labor Bureau has advised Nomura Real Estate Development Co. to take corrective measures against its abuse of a discretionary work system that forced hundreds of employees to work unpaid overtime, the bureau and other sources said Tuesday. The advisory was issued Monday, and ...
