Nomura CEO Watanabe resigns over insider trading leaks - Nikkei

Wed Jul 25, 2012 11:34pm IST

Nomura Holdings Inc Chief Executive Kenichi Watanabe listens to a question during a news conference at the Foreign Correspondents' Club of Japan in Tokyo November 19, 2008. REUTERS/Yuriko Nakao/files

Nomura Holdings Inc Chief Executive Kenichi Watanabe listens to a question during a news conference at the Foreign Correspondents' Club of Japan in Tokyo November 19, 2008.

Credit: Reuters/Yuriko Nakao/files

Related Topics

Stocks

   

REUTERS - Nomura Holdings Inc (8604.T) Group CEO Kenichi Watanabe will resign to take responsibility for a leakages of insider information to the clients of its brokerage unit, the Nikkei newspaper reported.

In June the investment bank halved Watanabe's pay for six months after the brokerage's third insider trading scandal since he took the helm four years ago.

(Reporting by Jochelle Mendonca in Bangalore; Editing by Rodney Joyce)

FILED UNDER:

Diplomacy

Reuters Showcase

Microfinance

Microfinance

Funding the unfunded: India helps small business borrow to grow  Full Article 

China Economy

China Economy

China signals "new normal" with lower annual growth target  Full Article 

Insurance Bill

Insurance Bill

Opposition support bolsters prospects for insurance reforms  Full Article 

SBI Share Sale

SBI Share Sale

SBI's up to $2.4 billion share sale likely by end April - sources   Full Article 

Beef Ban

Beef Ban

After beef ban, Hindu groups force abattoirs to close   Full Article 

Monsoon Season

Monsoon Season

Exclusive - India expects better monsoon rains this year  Full Article 

'India's Daughter'

'India's Daughter'

Documentary on 2012 Delhi gang rape banned in India  Full Article 

Capex Slashed

Capex Slashed

Cairn India slashes 2015-16 capex on falling crude   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage