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.
Tokyo bourse chief optimistic on extending five-hour trading day
The Tokyo Stock Exchange has formed a working group to debate if trading hours can be lengthened past the current 3 p.m. close, which would be the first extension in more than a decade.
Nomura prime brokerage cuts seen sparing little in U.S. and Europe
Word of the retreat is already spreading on Wall Street, as some of Nomura’s prime brokerage employees in New York start to explore other job opportunities.
Tokyo bourse to look again at extending trading hours beyond 3 p.m.
The world's third-largest bourse with around 3,700 listed companies is seeking to attract more investors and regain trust after an unprecedented all-day system outage last year.
Nomura raises profit target in recovery from Archegos blowup
Nomura Holdings Inc. raised its pretax income target for the financial year ending March 2023 by 14%, with the bulk of growth expected to come from its wholesale division as it moves on from the implosion of Archegos Capital Management. Japan’s biggest brokerage expects pretax ...
Mizuho Securities' online trading for customers hit by glitch
The issue occurred in the morning and lasted until service was resumed at around 12:30 p.m.
Japan's biggest brokerage Nomura to book ¥313 billion in Archegos losses
The firm has vowed to strengthen its risk management after being stung by the collapse of the U.S. family office capital management firm.
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.
Top online brokerage lures young Japanese with zero-fee trading
SBI Holdings Inc. will implement a series of campaigns that will virtually eliminate commission fee for spot trading in equities, the financial conglomerate said in a statement Tuesday.
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.
