Nomura (NMR) CEO Kenichi Watanabe and COO Takumi Shibata resign following the third...

|About: Nomura Holdings, Inc. (NMR)|By:, SA News Editor

Nomura (NMR) CEO Kenichi Watanabe and COO Takumi Shibata resign following the third insider-trading scandal at the bank in the four years that Watanabe has been leading it. Koji Nagai, the head of the securities unit, is becoming the new CEO. Meanwhile, Nomura says FQ1 net profit fell to 1.89B yen ($24.2M) from 17.7B last year.