January 05, 2016 BY Mike Fox

Nomura to pay 82 million yen to former electronic trading employee in settlement

Reports from Takahiko Hyuga of Bloomberg has unveiled that Japanese banking giant Nomura Co Ltd (TYO:9716) has settled an employment case with a former managing director in Tokyo, agreeing to pay him ¥82 million yen ($688,000 USD) in compensation without reinstating him, according to a Tokyo High Court document. The former Nomura MD, Seth Friedman joined…

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