Nomura president apologizes for crimes committed by ex-employee

The company also said Okuda and nine other senior executives will take responsibility for the episode by returning between 20 and 30 percent of their monthly salaries for three months.

These Japanese jerks ought to be doing some time in the slammer.

These Japanese jerks ought to be doing some time in the slammer.

The company will of course be rightfully sued. However the execs didn't actually plan, participate in, or even vicariously profit from the crimes.

Robbing and attempting to murder your clients while setting their home on fire. Not the best PR for Nomura's private wealth managers.

BTW, the lead should say "alleged crimes," not simply "crimes."

The company will of course be rightfully sued. However the execs didn't actually plan, participate in, or even vicariously profit from the crimes.

Whom does the buck stop with then if not the captains of the ship?