Nomura Goes Big in Japan

Tokyo-headquartered investment bank Nomura is apparently not matching, not doubling, but triple-bagging starting salaries for some entry-level investment bankers, traders and researchers in Japan. The firm (which acquired the Asian and European units of the infamous now-bankrupt Lehman Brothers) is no longer asking, Who, among the soon-to-be graduates of undergraduate institutions, wants to make a measly 2.4 million yen a year? And instead is asking, Who wishes to bank 6.5 million (which, in greenbacks, equals about $71,000)?