Friday, May 13, 2016

Nomura Blames Biggest-Ever Loss on 'Incompetent' Bond Trader

Nomura Blames Biggest-Ever Loss on 'Incompetent' Bond Trader Bloomberg A Nomura Holdings Inc. trader who failed to tell his bosses about the deteriorating performance of a client that helped cause the bank's biggest-ever trading loss was "at best incompetent or at worst deceitful," a senior manager said during the first ... and more »...(read more)
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