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Unexpected quarterly loss for Nomura

Japan's largest brokerage has booked provisions against bond insurers hit by the global credit crisis and written down its investment in a US asset management firm ...full story at Financial Times

from Financial Times on Tue, Jul 29 2008

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29 Jul 08 visit Nomura posts unexpected first-quarter loss  »  Japan Times Nomura Holdings Inc., the nation's largest brokerage, posted on Tuesday an unexpected first-quarter loss as trading profit slumped and it recorded additional provisions for bond insurers. The net loss of ¥76.6 billion for the three months ended June 3...
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