Japan’s Finance Ministry to Suspend Nomura From Debt Auctions

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Ministry Of Finance Berita

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(Bloomberg) -- Japan’s Ministry of Finance plans to temporarily exclude Nomura Holdings Inc. from taking part in government debt auctions after the firm...

-- Japan’s Ministry of Finance plans to temporarily exclude Nomura Holdings Inc. from taking part in government debt auctions after the firm admitted to manipulating the bond futures market, according to people familiar with the matter.Should Evictions Be Banned After Hurricanes and Climate Disasters?

Nomura admitted to Japan’s financial regulator that an employee manipulated government bond futures by placing large orders without intending to buy or sell all of them, Bloomberg News reported this week. The nation’s securities watchdog had earlier recommended a ¥21.8 million fine against the company for the 2021 breach.

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