Nomura hit by insider-trading probe ..

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Nomura Group, parent company of Japan's largest securities broker, suffered another blow on May 1 when the country's Government Pension Investment Fund (GPIF) suspended transactions with Nomura Securities in the wake of allegations of insider trading at the brokerage, say sources.

Japan's biggest private-sector retirement fund manager, the Pension Fund Association, had already halted orders with the brokerage, and it appears more private-sector asset managers could follow suit. Under the law, pen

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