The Nomura Group is a financial services group comprising Nomura Holdings and its subsidiaries in Japan and overseas. Nomura provides investment and merchant banking services.

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Nomura to defend US mortgage allegations

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Nomura will defend claims by a U.S. regulator that it sold defective mortgage-backed securities to Fannie Mae and Freddie Mac before the 2008 financial crisis, becoming the first bank to take such a case to trial.

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Fired On His First Day

43-year old Fermin Aldabe rocked up for his first day at work as head of Standard Chartered's complex product risk management in Singapore in December 2008. Unfortunatley, it would prove to be his last day working for the bank.

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