Kenichi watanabe biography of albert
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Nomura CEO, COO resign in wake of insider trading scandal
Nomura CEO Kenichi Watanabe has resigned in the wake of an insider trading scandal that has tarnished the reputation of Japan Inc.
and its biggest investment bank
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TOKYO — Nomura CEO Kenichi Watanabe has resigned in the wake of an insider trading scandal that has tarnished the reputation of Japan Inc. and its biggest investment bank as regulators worldwide clamp down on unethical practices in the banking industry.
Watanabe announced his resignation at a press conference Thursday in Tokyo, ending his four year leadership of Nomura Holdings Ltd.
Takumi Shibata, the chief operating officer, also resigned.
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