Categories: Asia PacificFinance

Nomura in New Insider Trading Scandal

Nomura is facing a new insider trading scandal. Nomura Holdings admitted to sweeping breaches of safeguards on confidential client information and will slash top executives’ pay and shut an equity sales desk as Japan’s largest brokerage seeks to resolve a damaging insider trading probe.

Nomura said CEO Kenichi Watanabe’s pay would be halved for six months to take responsibility for the brokerage’s third insider trading scandal since he took charge four years ago. In the year to end-March, 59-year-old Watanabe was paid US $1.6 million, including options.

Nomura has 27,000 employees and is Japans largest asset manager with US$ one trillion from private clients alone.

Nomura reported profits of $141 million for the 12 months fiscal year ending March 31st, 2012. This was a better result than in 2009 when the company lost $7.1 Billion. Nomura has $29 billion in shareholders equity. Nomura’s shares pay a current dividend yield of 2%.

CFI

Recent Posts

The Great Rebalancing: Capital Allocation in an Age of Fragmentation and Convergence

After a long stretch in which US markets served as the default setting for global…

2 days ago

The Dissonance of Davos 2026: Capital Allocation in an Age of Fragmentation and the AI–Energy Nexus

The World Economic Forum’s 56th Annual Meeting opened beneath the banner of “A Spirit of…

5 days ago

Leadership at the Helm of Kenya’s Renewable Power Champion

KenGen’s executive team brings together deep technical expertise, financial discipline, legal rigour and strategic foresight…

1 week ago

KenGen Powering East Africa’s Clean Energy Future

Kenya Electricity Generating Company PLC (KenGen) stands as East Africa’s leading power producer, entrusted with…

1 week ago

The “Sell America” Trade Returns — With Greenland at the Centre

A familiar market pattern reasserted itself on 20 January 2026: the dollar slid, Treasury yields…

1 week ago

Heat Pumps That Pay: How Industrial Process Heat Is Becoming a Cost-Saving Asset

Table of contents Why industrial heat is now a balance-sheet issue 1) The commercial frontier:…

2 weeks ago