Loss, Nomura, Us

Loss, Nomura

Nomura flags potential significant loss at US unit

Nomura flags potential significant loss at US unit

29/3/2021 3:47:00 AM

Nomura flags potential significant loss at US unit

Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to 'a significant loss' arising from transactions ...

BookmarkTOKYO: Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to"a significant loss" arising from transactions with a U.S. client.The estimated amount of the claim against the client is approximately US$2 billion based on market prices as of March 26, the Japanese brokerage and investment bank said in a statement.

Commentary: Does Singapore have to resort to 'slapstick and Singlish' to get public messages across? PM Lee Hsien Loong, other ministers speak out against racism after alleged attack 3 community cases, including 2 fully vaccinated linked to new Changi Airport cluster

AdvertisementNomura said it is still assessing the impact of the loss on its consolidated earnings.(Reporting by Makiko Yamazaki; Editing by Christian Schmollinger) Read more: CNA »

Triad Trails: Former secret society members lead tour on Chinatown’s seedy past

SINGAPORE — Pointing to a row of shophouses along Pagoda Street leading up to Chinatown MRT Station, a heavily-tattooed man tells the group behind him that the shops used to be opium dens in the 19th century.