Thursday, July 26, 2012

Info-leaks Topple CEO

The chief executive and chief operating officer of Nomura Holdings are stepping down to take responsibility for their company’s involvement in a series of leaks of inside information. 

Chief Executive Kenichi Watanabe
Chief Executive Kenichi Watanabe and Chief Operating Officer Takumi Shibata are planning to resign following admissions that Nomura salespeople allegedly gave information on share offerings to customers before it was public, a person familiar with their thinking said. (more)