Nomura flags potential major loss at US unit

Subsidiary's client facing $2bn claim in wake of last week's share sell-off

20210329 Nomura

Nomura Holdings said an "event" involving a U.S. unit has left the Japanese financial service provider facing a substantial loss. © Reuters

FRANCESCA REGALADO and MITSURU OBE, Nikkei staff writers

TOKYO -- Nomura Holdings on Monday warned of a potentially hefty loss at one of its U.S. subsidiaries after the Japanese financial services company and global peers were caught up in a massive share selloff on Friday involving an American investment firm.

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