Nomura reportedly to finalise, disclose losses tied to Archegos episode later this month

NHK reports

The initial estimates at the end of Q1 had Nomura sitting on roughly $2 billion losses – one of the worst-hit firms from the whole Archegos episode. While this is a rare event in the market, it isn’t one that investors are too concerned about anymore.
But at least it does offer some good lessons on the importance of risk management.