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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Markets and Finance published this video item, entitled “Nomura Posts Loss, Suspends Executives in Archegos Rout” – below is their description.
Apr.27 — Nomura Holdings Inc. suspended a group of senior executives at its investment bank and replaced a top risk official. Japan’s biggest brokerage is reeling from billions of dollars of losses on trades with Archegos Capital Management. Nomura logged a fourth-quarter net loss of 155.4 billion yen ($1.4 billion), its biggest since the global financial crisis. Michael Makdad, senior equity analyst at Morningstar, discusses the prospects for Nomura on “Bloomberg Daybreak: Asia.”Bloomberg Markets and Finance YouTube Channel
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In This Story: Nomura Holdings Inc
Nomura Holdings, Inc. is a Japanese financial holding company and a principal member of the Nomura Group.