Nomura

Japanese brokerage Nomura says new financing might dry up in the short term but should "gradually resume in the long term".

The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson.

Nomura apologised to the alleged victims, and said chief executive Kentaro Okuda would voluntarily return 30% of his pay for three months.

In addition, nine other Nomura directors and executives will return 20% to 30% of their pay for the same period.

He was sacked by the bank on 4 August, and Nomura said "strict disciplinary action" had been taken against relevant managers.