Daiwa Securities Group doubled compensation for its top executives last fiscal year and Nomura resumed paying cash bonuses as profit surged amid a market rally driven by Japan’s economic stimulus policies.
As one of the leading, comprehensive financial service firms in Asia, Daiwa Securities Group operates core businesses such as retail and wholesale securities, asset management, investment, as well as system support and research services.
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Daiwa Securities has boosted the bonus pool for its investment bankers and staff to the most in three years after posting its highest profit since 2006.