This is a ChatGPT-free Zone
Last November, I wondered if Nomura should abandon their global ambition and just focus on their domestic business. I have thought that for a long time since they have run into problem after problem over the years in their overseas business. The recent insider trading scandal forced the resignations of the CEO and COO and…
So we see every day why Japan has so much trouble getting out of it’s long slump. There was an article recently talking about how the lost decade in Japan is actually a myth, and that the reality is that Japan has done better than we all think since the bubble popped in 1990. Yes,…
Moody’s announced that they may downgrade the long term credit rating of Nomura Holdings one notch to one notch above junk level. This really could be lights out for Nomura (as an independent entity, at least). I don’t know if this means Nomura will end up bankrupt, but this is really bad news if the…
The title is meant to be sung in the melody of the Sound of Music song, “Maria”. Nomura just announced a loss for the first half of fiscal 2012 and a major restructuring. I guess the Lehman purchase isn’t really working out. I have to say that this was actually not a bad idea, to buy a…