Nomura’s prime brokerage pullback deals blow to global ambitions
The retreat adds to a list of stumbles for the firm as it takes on global risk to offset slower growth at home.
Nomura CEO paid $2.9 million in year capped by Archegos saga
Kentaro Okuda also received a ¥16 million housing allowance, according to an annual securities filing on Friday.
Archegos fiasco thwarts Nomura’s push to join Wall Street elite
Analysts have been left to wonder if heads will now roll over the Archegos losses or if the bank will quit certain businesses.
Nomura tightens hedge fund financing after Archegos collapse
The restrictions include curbing leverage for some clients previously granted exceptions to margin financing limits, one person familiar with the situation said.
Japanese regulators heightening scrutiny over high-risk trades after Archegos collapse
The Financial Services Agency and the Bank of Japan will scrutinize how financial institutions that incurred losses had been managing transaction risks.
Seduced by Archegos' growth, Nomura took a chance on Sung Kook Hwang comeback
Hwang's appetite for huge bets on technology, media and other company stocks in the United States and Asia proved too lucrative for Nomura to resist.
Mizuho's reported losses are far smaller than those incurred by some institutions, with Nomura warning of up to $2 billion in exposure.
Nomura CEO Kentaro Okuda’s honeymoon ends with $2 billion Archegos losses
The $2 billion claim on a single client risks largely erasing Nomura’s pretax profits for the second half of the year, according to a Jefferies Financial Group report.
Nomura’s loss warning said to be tied to Archegos selloff
Nomura said in a statement on Monday that the estimated amount of the claim against the U.S. client was about $2 billion.
