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Nomura Scandal Dents Global Aim.

Authors :
Fukase, Atsuko
Dvorak, Phred
Tudor, Alison
Inagaki, Kana
Source :
Wall Street Journal - Eastern Edition. 7/27/2012, Vol. 259 Issue 21, pC1-C2. 2p. 2 Color Photographs.
Publication Year :
2012

Abstract

The article looks at Japanese-based investment bank Nomura Holdings Inc. as of July 2012. It reports that two senior executives, Kenichi Watanabe and Takumi Shibata, have resigned due to an insider-trading scandal. It says that the company has performed below expectations since its 2008 acquisition of certain divisions of U.S.-based investment bank Lehman Bros. It reports that Koji Nagai has been appointed to the chief executive officer (CEO) position.

Details

Language :
English
ISSN :
00999660
Volume :
259
Issue :
21
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
78108908