Nomura ‘ashamed’ after legal costs spark 95% slump in profit
The pain continues for Japan’s biggest brokerage after already taking a $2.9-billion hit from its dealings with an obscure investment firm.
Nomura sees shift into wealth management pay dividends
The move has been buoyed by investor demand, after central banks made bonds and some other traditional investments less profitable and pushed the price of stocks and real estate higher.
Nomura tells staff not to smoke cigarettes while working from home
The company has said it doesn’t plan to monitor whether employees working remotely are following the guidelines.
Nomura offers pizza and pasta for tradable tokens
Customers can use the tokens to buy and trade dishes from an award-winning Japanese chef as their value fluctuates.
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.
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.
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 ...
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.
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.
