JAPAN’S NOMURA HOLDINGS REPORTS A LOSS OF $2.3 BILLION

Highlights –

• Japan’s Nomura Holdings reports a loss of $2.3 billion.
• The loss was from trades tied to U.S. investment firm Archegos Capital Management.
• Nomura is not planning any major changes in its business strategies.
• Nomura Securities Co.’s parent company warned of a possible loss of approximately $2 billion.

On Tuesday Japan’s big....