Markets: News  

Nomura CEO to resign over trading scandal: Nikkei

SAN FRANCISCO (MarketWatch) -- Nomura Holdings Inc. Chief Executive Kenichi Watanabe will resign over a scandal involving leaking inside information to brokerage clients, according to Nikkei.com's Thursday-dated online edition. Initially, Nomura had cut Watanabe's pay by 50% for six months and the CEO said he had no intention of resigning.