Nomura's Prime Brokerage Pullback Deals Blow to Global Ambitions
Nomura’s Prime Brokerage Pullback Deals Blow to Global Goals Bloomberg 7 mins ago Steven Arons, Bei Hu and Takashi Nakamichi © Bloomberg Nomura Holdings Headquarters As It's Loss Warning Is Said To Be Tied To Archegos Selloff (Bloomberg) -- Just weeks after Nomura Holdings Inc. vowed to push ahead with its global ambitions, unswayed by deep losses from the implosion of Archegos Capital Management, the firm is pulling the plug on a chunk of its hedge fund business. Popular Searches Japan’s biggest brokerage will stop offering cash prime-brokerage services in the U.S. a...
Source: msn.com