{
}
An ex-employee of Nomura Holdings Inc."s securities subsidiary has been charged by Hiroshima Prefecture police with robbery, attempted murder, and arson of an inhabited building. In response, the brokerage is implementing strict measures to enhance internal systems and restore client trust.
Bill Hwang, founder of Archegos Capital Management, faces a potential 21-year prison sentence for orchestrating a market manipulation scheme that led to over $10 billion in losses for lenders. Convicted of multiple felonies, including securities fraud, Hwang's lack of remorse and history as a repeat offender have influenced the prosecution's demands, which also include the forfeiture of $12.35 billion for victim compensation. An appeal is anticipated as Hwang's defense argues against the necessity of a prison term, citing insufficient evidence linking his actions to the financial fallout.
Nomura Holdings Inc. is seeing a return of trading clients following measures taken to address concerns from a regulatory probe into market manipulation. Major Japanese megabanks and at least four insurers that had previously suspended dealings with the brokerage are now resuming their trading activities.
Rob Subbaraman, head of global markets research at Nomura Holdings Inc., is adapting to a potential second Trump presidency by downloading Truth Social, the former president's conservative platform. Despite advising his children to disconnect from devices, Subbaraman feels compelled to stay informed about Trump's unpredictable actions.
Boat has appointed ICICI Securities, Goldman Sachs, and Nomura as bankers for its upcoming $300-500 million IPO, aiming for a valuation above $1.5 billion. Despite a 5% revenue dip to Rs 3,285 crore for FY24, the company halved its losses to Rs 70.8 crore and reported positive EBITDA, benefiting from a sales boost during the Diwali season. Founded in 2015, Boat holds a 26.7% market share in India's wearables segment.
Japan’s financial regulator is urging Nomura Holdings Inc. to investigate an alleged robbery and attempted murder by a former employee. The Financial Services Agency has requested a thorough review of the incident to analyze its root causes and implement preventive measures, with follow-up on Nomura's progress.
Nomura Holdings Inc. is implementing stricter regulations on employee home visits following the arrest of a former employee in Hiroshima for robbery, arson, and attempted murder. Moving forward, employees will need prior approval to meet clients at their residences, as stated by the Tokyo-based brokerage.
Asia-Pacific markets are set to open mostly higher following Wall Street's rally ahead of U.S. election results. Investors are advised to monitor the dollar closely, as its strength may indicate market movements, particularly if Trump wins, which could lead to volatility in oil prices and potential tariff discussions. Conversely, a Harris victory may prompt buying opportunities amid anticipated market dips.
ACME Solar Holdings raised Rs 1,300.5 crore from anchor investors ahead of its Rs 2,900-crore IPO, set to open on November 6 and close on November 8, with a price band of Rs 275-289 per share. The offering includes a fresh issue of Rs 2,395 crore and an offer-for-sale of Rs 505 crore by ACME Cleantech Solutions. Notable investors include Abu Dhabi Investment Authority, Goldman Sachs, and Morgan Stanley, among others.
Wall Street showed positive momentum, while the Swiss stock market faced losses, with major companies like Novartis, Roche, and Nestlé declining. In Japan, TDK surged 7% after raising its profit forecast, and Nomura Holdings climbed 8% following a significant quarterly profit increase. Despite these gains, investor caution prevails ahead of the US presidential election, contributing to high volatility in the Nikkei.
Nomura Holdings, Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ex-nomura employee charged with attempted murder and robbery in japan
10:30 20.11.2024
bill hwang faces 21 years in prison for market manipulation and fraud
United States Dollar
Credit Suisse
Nomura Holdings, Inc.
USA
JPN
Bill Hwang
Kook Hwang
Patrick Halligan
Show more
10:11 18.11.2024
nomura clients resume trading after addressing market manipulation concerns
04:15 18.11.2024
economists adapt to new realities with truth social during trump presidency
22:00 17.11.2024
Boat selects bankers for upcoming IPO amid revenue dip and reduced losses
Indian Rupee
Nomura Holdings, Inc.
The Goldman Sachs Group, Inc.
ICICI Securities Limited
IND
Sameer Mehta
Aman Gupta
Show more
04:16 15.11.2024
Nomura urged to investigate former employee's alleged robbery and murder attempt
01:52 08.11.2024
nomura tightens home visit policies after serious criminal incident
09:38 06.11.2024
markets poised for gains as election results loom and dollar strengthens
United States Dollar
Chinese Yuan
The Goldman Sachs Group, Inc.
Citizens, Inc.
Nomura Holdings, Inc.
Jefferies Financial Group Inc.
USA
CHN
IRN
Ganesh Rao
David Zervos
Yulia Zhestkova Grigsby
Scott Chronert
Spencer Kimball
Show more
00:53 06.11.2024
acme solar holdings raises 1301 crore from anchor investors ahead of ipo
Indian Rupee
The Goldman Sachs Group, Inc.
Eastspring Investments
Clsa B.V.
Nomura Holdings, Inc.
Citigroup Inc.
Societe Generale Batiment SA
BNP Paribas SA
Morgan Stanley
HSBC Holdings plc
Prudential plc
USA
HKG
JPN
MUS
ARE
IND
Morgan Stanley
Abu Dhabi Investment Authority
Nomura
Societe Generale
Goldman Sachs
Show more
18:36 05.11.2024
global stock markets mixed as nikkei stocks surge on profit forecasts
United States Dollar
Japanese Yen
Novartis AG
TDK Corporation
Sanrio Company, Ltd.
Nestlé S.A.
Hoffmann-La Roche AG
Nomura Holdings, Inc.
JPN
Seiichi Suzuki
Show more
05:44 05.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: