Trader Whose Bonus Was Only Pounds 1.3m Sues Nomura

Evening Standard - London › September 04, 2006

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Summary

NOMURA faces a Pounds 7.5 million High Court claim from a City bond trader unhappy that his annual bonus was only Pounds 1.3 million in deferred shares.

Luis Marti-Sanchez says he earned almost e30 million (Pounds 20.2 million) for the London arm of the Japanese bank last year, and was promised between 20% and 25% of any profit he generated, giving him a potential payout of Pounds 5.3 million.

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Trader Whose Bonus Was Only Pounds 1.3m Sues Nomura

Marti-Sanchez, former head ...

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