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)
Trending On Reuters
What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read