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Nomura Americas CEO to get guaranteed pay

  Bloomberg David Findlay, chief executive officer of Nomura Holdings Inc.’s Americas business, received his full compensation for last year as investment bankers took deep cuts, causing frustration and anger across the struggling unit, people familiar with the matter said. Findlay, who has run the New York-based business since 2012, got a guaranteed $5 million package, while dealmakers and advisers ...

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Deutsche Bank not to charge negative interest rates

  AFP Customers at Deutsche Bank, Germany’s largest, will not be charged negative interest rates on their savings, a senior executive said on Wednesday. “That won’t happen with us,” private banking chief Christian Sewing told Bild daily. Banks across Europe are feeling the pinch of a -0.4 percent rate on their deposits with the European Central Bank (ECB). The ECB ...

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Mizuho forms alliance with Maybank on Asia equities

  Bloomberg Mizuho Financial Group Inc. formed an alliance with Malayan Banking Bhd. on stock research and trading in Southeast Asia, as the Japanese lender complements an equities hiring push with partnerships. Maybank Kim Eng, the investment-banking arm of Malaysia’s largest bank, will provide Japanese institutional clients of Mizuho Securities Co. with research on companies in Southeast Asia as well ...

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