Nomura to exit U.S. subprime securities market after big losses

Nomura to exit U.S. subprime securities market after big losses

TOKYO, Japan - Nomura Holdings Inc. President Nobuyuki Koga speaks at a news conference in Tokyo on Oct. 15 where the company announced that it expects to book 73 billion yen in losses in the July-September quarter from the U.S. residential mortgage-backed securities business and will pull out from the U.S. subprime-loan market. (Kyodo)

  • Product Code
  • ILEA000037503
  • Registered date
  • 2007/10/15 00:00:00
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  • Kyodo / Kyodo News Images
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