Nomura Holdings’s rating within the company bond market stays beneath stress after its repute was hit by a market manipulation scandal at a time of higher scrutiny of governance breaches in Japan.
Japan’s greatest brokerage noticed its place fall to sixth place in November and its market share shrink to 2.1%, the most recent information compiled by Bloomberg reveals, with on-line brokerage SBI Holdings leapfrogging over its bigger rival.
Nomura’s repute has taken a success after it admitted to a bond market manipulation in October and following expenses introduced towards a former worker in November on suspicion of theft, arson and tried homicide of an aged couple throughout a buyer go to.
