December 5, 2024
Nomura execs give up pay after employee allegedly tried to kill clients #JapanFinance

Nomura execs give up pay after employee allegedly tried to kill clients #JapanFinance

CashNews.co

TOKYO — Nomura Securities said Tuesday that 10 executives will return part of their compensation after a former employee was charged last month with robbery and attempted murder, part of a recent string of scandals that risks denting trust in Japanese financial institutions.

Prosecutors allege that the former employee in July went to the home of an elderly couple in Hiroshima, drugged the wife, and stole about 17.87 million yen ($120,000) in cash before setting the house on fire. The victims were clients of the employee at the time.