Kenichi Watanabe
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Nomura chief resigns following insider-trading scandal

The chief executive of Japan's Nomura Holdings has resigned following a damaging insider-trading scandal at the investment bank.

Kenichi Watanabe will step down on 31 July, and chief operating officer Takumi Shibata will also leave his post.

It is alleged that staff leaked information on share offerings to customers before it was made public.

Mariko Oi reports.

  • 26 Jul 2012
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