Nomura halves CEO pay in bid to close insider probe

TOKYO (Reuters) - Nomura Holdings Inc shareholders re-elected CEO Kenichi Watanabe on Wednesday despite a protracted insider trading probe that has raised questions about his leadership of Japan's largest investment bank. Earlier this month Nomura admitted that its employees had leaked to clients confidential information on planned share offerings by three companies it underwrote in 2010, highlighting a serious breach in compliance. Shareholders also voted to re-appoint Director and Chairman of the Board Nobuyuki Koga. ...

As reported on Friday, the most recent example of a breach in informational Chinese walls was confirmed at Bloomberg, where it was discovered that reporters have the same degree of client surveillance as workers on the API/terminal side.

With the entire world, and certainly GETCO's ES and EURUSD algos, focused on every single update out of the Italian Senate race, which now appears certain to not bring the necessary 158 seats to the Bersani-Monti coalition leading to a chaotic revote in the coming months, here is some tangential news of the "who could have ever seen this coming variety." Following last week's Heinz insider trading probe, which implicated a Goldman Sachs account in Zurich belonging to some private wealth client, who was so anonymous

TOKYO (Reuters) - Nomura Holdings Inc shareholders re-elected CEO Kenichi Watanabe on Wednesday despite a protracted insider trading probe that has raised questions about his leadership of Japan's largest investment bank.

Nomura Holdings CEO Kenichi Watanabe faces shareholders on Wednesday with no clear answers as to how to resolve a damaging insider trading probe that is hitting business at Japan's top brokerage and has ...

TOKYO (Reuters) - Nomura Holdings CEO Kenichi Watanabe faces shareholders on Wednesday with no clear answers as to how to resolve a damaging insider trading probe that is hitting business at Japan's top brokerage and has raised doubts over his leadership.

TOKYO (Reuters) - Nomura Holdings CEO Kenichi Watanabe faces shareholders on Wednesday with no clear answers as to how to resolve a damaging insider trading probe that is hitting business at Japan's top brokerage and has raised doubts over his leadership. ...