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HONG KONG--Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the mainland, two sources with knowledge of the matter said.
(Bloomberg) -- A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country, the Financial Times reported.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCorzine Plans to Shut Hedge F
A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top deal...
The travel restriction is linked to the banker's time at Industrial & Commercial Bank of China. Read more at straitstimes.com.
Charles Wang Zhonghe, the chair of investment banking for China at Nomura Holdings in Hong Kong, has been prohibited from leaving China as part of an ongoing investigation into a top dealmaker, according to sources. Wang is not detained but is restricted from exiting the country. Nomura and Wang have not commented on the matter.