Nomura Holdings, Japan's largest brokerage, has faced significant repercussions following a trading scandal involving market manipulation. The firm earned only ¥1,000,000 ($10,000) from a series of trades that led to a fine of ¥21.8 million ($143,000) imposed by Japan's financial regulator. This incident has not only resulted in financial penalties but has also damaged the company's reputation, complicating its ongoing turnaround efforts. As scandals continue to mount, Nomura's ability to recover and succeed in a period of debt trading revival is now under serious threat.
Japan's largest brokerage earned just $10,000 from a series of trades based on manipulating the market. They are costing the company dearly https://t.co/k9bnqGEDNp
Japan's largest brokerage earned just $10,000 from a series of trades based on manipulating the market. They are costing the company dearly https://t.co/6nLU4yQJgF
The chief of Australia’s sovereign wealth fund said monetary policymakers and investors are facing a tough task navigating turbulent inflation. https://t.co/8EA4rCWyBD