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Archegos 'Friendship' With Nomura Ended in $3 Billion Loss

Archegos 'Friendship' With Nomura Ended in $3 Billion Loss
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Archegos 'friendship' with Nomura ended in $3 billion loss

Archegos 'friendship' with Nomura ended in $3 billion loss
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Nomura appoints ex-JP Morgan banker as Co-CEO of Americas holding firm

FinanceNomura appoints ex-JP Morgan banker as Co-CEO of Americas holding firm Reuters 1 minute read A logo of Nomura Holdings is pictured in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai Nomura Holdings Inc (8604.T) said on Monday it will appoint Christopher Willcox as Co-CEO of the group's holding company for Americas as Japan's biggest brokerage and investment bank aims to beef up its U.S. management. Willcox, former CEO of JP Morgan Asset Management, will work with Yo Akatsuka, who will remain as CEO of Nomura Holding America Inc. His appointment is effective May 3.

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Senate Banking Committee Chair Brown asks banks to detail their links to Archegos

Senate Banking Committee Chair Brown asks banks to detail their links to Archegos CNBC 3 hrs ago Brian Schwartz In letters to leaders at Goldman Sachs, Nomura Holdings America and Credit Suisse, Sen. Sherrod Brown indicated he's looking for details on their relationship to Archegos. CNBC received a letter from Brown to Morgan Stanley after publication of this story. The letters are the first response from Congress that hint at a possible investigation and go beyond initial statements merely condemning the market chaos. © Provided by CNBC Senator Sherrod Brown (D-OH), speaks at the 2019 National Action Network National Convention in New York, April 5, 2019.

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150 CEOs from Goldman Sachs, BlackRock and More Urge Congress to Approve $1.9 Trillion Stimulus

150 CEOs from Goldman Sachs, BlackRock and More Urge Congress to Approve $1.9 Trillion Stimulus
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