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Ex-Citigroup VP Charged Over $19m 'Inside Job'

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Gary Foster, a former vice president in Citigroup, Inc.’s treasury finance department has been arrested on bank fraud charges arising from his embezzlement of more than $19m. Foster was apprehended at John F. Kennedy International Airport Sunday morning when he arrived on a flight from Bangkok.

Nomura Announces Top Management Appointments

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Nomura Holdings, Inc. has announced that its shareholders elected fourteen directors to the company’s Board of Directors (including eight Outside Directors) and the newly appointed Board appointed five Executive Managing Directors.

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