Nomura Holdings said Tuesday that it had dismissed an employee who was being questioned by Japan’s securities regulator on suspicions of insider trading. Japan’s largest securities firm said an employee had breached internal trading rules forbidding staff in the investment banking department from trading shares. The incident allegedly involved a relatively junior employee who had access to M&A information during his on-the-job training period in the Tokyo office, where he worked from February 2006 until the end of last year.

This entry was posted by Gwen Robinson on Wednesday, April 23rd, 2008 at 5:27 and is filed under Capital markets, People. Tagged with nomura. Edit this entry.