NMR News and Press, Nomura Holdings Inc ADR American Depositary Shares From 07/06/21

winhorse/iStock Unreleased via Getty ImagesShares of Nomura Holdings (([[NMR]] -2.6%)) drop as it decides to stop offering cash prime-brokerage services in the U.S and Europe following a ~$2.5B loss from the Archegos blowup in March, Bloomberg reports, citing people familiar with the matter.N...

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The U.S. Department of Justice's antitrust unit is handling at least part of the investigation into the collapse of Bill Hwang's family office after its lenders liquidated Archegos's derivatives bets that went bad, Bloomberg reports, citing people familiar with the matter.The antitrust invest...

The blowup of Bill Hwang's Archegos Capital Management in March is now being investigated by the Justice Department,  Bloomberg reports, citing people familiar with the matter.Bill Hwang lost $8B in 10 days in late March, when leveraged bets on companies including ViacomCBS and Baid...

The European Commission fines Nomura ([[NMR]] +2.1%), UBS ([[UBS]] +1.7%), and UniCredit ([[UNCFF]] +1.2%) at total of €371M (~$454M) for violating European Union antitrust rules by participating in a cartel in the primary and secondary market for European Government Bonds.RBS (no...

The US trading incident in March 2021 highlighted the relatively fragile business model of Nomura Holdings. We anticipate a slowdown in business activity at US wholesale and domestic retail YoY. Current consensus forecasts a prospective dividend yield of 4.6%, but we remain seller...

Banks including Credit Suisse ([[CS]] -0.2%), UBS Group ([[UBS]] +2.2%), and Morgan Stanley ([[MS]] +1.3%) are reviewing their divisions that lend to family offices and hedge funds for potential weaknesses in an attempt to avert losses like some of them incurred when Archegos Capital collapse...

Archegos Capital is set to file for insolvency as banks try to extract from Bill Hwang's family office the more than $10B they lost when its derivatives trades flopped in March, the Financial Times reports, citing two people familiar with the matter.The family office has hired restructuring a...

UBS delivers record-beating earnings results. The bank was not much affected by the Archegos scandal. The net income was $1.82B, far exceeding the estimate of $1.63B. The first-quarter operating income totaled $8.71B (+9.8% Y/Y), only missing the expectations by $100M. U...

Nomura Holdings, Inc (NMR) Q4 2021 Earnings Conference Call April 27, 2021 5:30 AM ET Company Participants Takumi Kitamura – Chief Financial Officer Conference Call Participants Masao Muraki – SMBC Nikko Otsuka-san – JP Morgan Kazuki Watanabe – Daiwa Securities Nat...