Deutsche Securities reprimanded for excessive client entertainment in Japan

"reprimanded for excessive client entertainment"

Ahh, only in Japan!

So this is where they've been spending the pay of my very capable and intelligent friend they had fired last month in South East Asia

No fines and no one goes to prison??? What were the pay-offs to the government for nothing to be done to the bank or any of it's employees???

Bear27840:

No fines and no one goes to prison???

Not yet. One of the employees was arrested earlier last week, along with one of the pension heads. I haven't heard that any charges were dropped. It should take time for a trial and sentencing, even if they plead guitly.

"reprimanded for excessive client entertainment"

meaning "you stupid git, don't get caught again!"