Nomura faces tough questions over global plans after US client loss

Topics Nomura | Credit Suisse | Brokerages


Nomura Holdings will have to sharpen its focus on risk management systems and may need to rein in its US ambitions, analysts said after the Japanese bank flagged a possible $2 billion loss tied to a single US client.

  Nomura and other investment banks may lose more than $6 billion after lending to Archegos Capital, a US investment firm run by former Tiger Asia manager Bill Hwang that was forced to liquidate large equity bets last week in a sell-off that rocked Wall Street.   It raises tough questions for Nomura, Japan's.....

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