Ex-Nomura Bond Trader Wins Dismissal Case After $40 Million Loss

  • Lombardo sued Nomura for unfair dismissal after 2015 firing
  • Nomura said Lombardo helped cause bank’s biggest-ever loss

A Nomura Holdings Inc. bond salesman, who was fired when a series of soured deals with an obscure client caused the bank’s biggest-ever single trading loss, said a London court ruled that he’d been unfairly dismissed.

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