Nomura had a ‘stellar financial year’ before it warned of potential $2 billion losses, analyst says

The warning by Japanese investment bank Nomura that it could incur billions of dollars in losses at a U.S. subsidiary was “pretty unfortunate,” an analyst said on Tuesday. Nomura on Monday flagged a potential $2 billion loss resulting from transactions with a client stateside. The bank’s shares in Japan plunged following that announcement, declining more… Continue reading Nomura had a ‘stellar financial year’ before it warned of potential $2 billion losses, analyst says