Tokyo stocks fell March 16 as turmoil surrounding major Swiss bank Credit Suisse caused concern that problems in the U.S. financial system, caused by the collapse of two regional banks, could spread to Europe.
Hopes are high among Japanese securities companies that stocks will rise in 2023, drawing on a Japanese traditional stock market proverb that says shares "jump" in the Year of the Rabbit, after the country's major stock index fell for the first time in four years last year.
Seiji Watanabe's enchantment with the dynamism of stock trading helped him rise to a senior position at Nomura Securities Co., Japan's biggest securities house, overseeing sales of Japanese equities to institutional investors.