TOKYO: Japanese financial giant Nomura Holdings said on Thursday that a former employee at its brokerage unit had been arrested on suspicion of fraud, the latest in a string of scandals that have dogged the firm over the past year.
Yuta Cho, 30, who left Nomura in June 2024, has been arrested on fraud charges, Nomura's joint chief compliance officer, Shinichi Mizuno, told a briefing.
