How Nomura’s Friendship with Bill Hwang Led to a $3 Billion Bank Loss
Nomura’s $3 Billion Lesson: The High Cost of Friendship in Investment Banking In the high-stakes world of investment banking, relationships can be as valuable as the assets they manage. But what happens when these relationships lead to catastrophic financial losses? This is the question that Nomura, Japan’s largest investment bank, is grappling with in the …
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