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Kenichi Watanabe (left) speaks as Nomura Securities president Koji Nagai listens during a press briefing in Tokyo
YOSHIKAZU TSUNO
CEO of Japan's top brokerage Nomura Holdings, Kenichi Watanabe (left) speaks as Nomura Securities president Koji Nagai listens during a press briefing in Tokyo. Top Japanese brokerage Nomura Holdings said that it would temporarily cut its most senior executives' pay by as much as half in the wake of an embarrassing insider trading scandal at the firm.