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Nomura ceo watanabe resigns over insider trading 2012 26 07 1

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Watanabe and COO Takumi Shibata resign amid revelations that employees at the bank shared privileged information with traders.
Nomura ceo watanabe resigns over insider trading 2012 26 07 1

Japan's securities firm Nomura Holdings Chief Executive Kenichi Watanabe enters a room to announce his resignsation at a press conference at the company's headquarters in Tokyo on July 26, 2012. The head of Japan's biggest securities firm resigned on July 26 in the wake of an embarrassing insider trading scandal, part of a widening national probe into the widespread practice. AFP PHOTO / Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP/GettyImages)

YOSHIKAZU TSUNO/AFP/GettyImages