ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nomura's problems in the U.S. have been a blow for Kentaro Okuda at the end of his first year as chief executive. (Source photos by Tetsuya Kitayama and Reuters) 
Business Spotlight

Nomura's stability boast undermined by Archegos woes

Warning over possible $2bn US loss hits CEO's pursuit of less risky performance

MITSURU OBE, Nikkei staff writer | Japan

TOKYO -- For Nomura, disaster struck with the financial year's finish line in sight.

Japan's biggest brokerage house was just two days from closing its most successful fiscal year when, on March 29, it warned of a possible $2 billion loss in the U.S.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more