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.

  • Product Code
  • ILEA001124541
  • Registered date
  • 2007/10/15 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2007 Kyodo News
  • Media size
  • 1864 × 1228 pixel
  • Resolution
  • dpi
  • Deployment size
  • 482.48(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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