Archegos Mess Hurts Nomura’s Key Goal

Nomura has long aimed to be a major player on Wall Street, but the collapse of Archegos has made this goal more challenging. The incident resulted in significant losses for Nomura and other Japanese firms like Mitsubishi UFJ and Mizuho. Despite these setbacks, Japanese firms continue to pursue opportunities on Wall Street, though they face risks when stepping outside their comfort zones. Analysts suggest that Nomura is repeating past mistakes by taking on excessive risk in a single market.

What major setback did Nomura face in its efforts to join the Wall Street elite?

• A merger with a European firm

• The Archegos incident

• A decline in domestic growth

• Competition from local rivals

Which Japanese firm suffered the largest financial loss due to the Archegos collapse?

• Sumitomo Mitsui Financial Group

• Mitsubishi UFJ Financial Group

• Mizuho Financial

• Nomura

How much did Mitsubishi UFJ Financial Group lose due to the Archegos incident?

• 90 million

• 270 million

• 2 billion

• 500 million

What does the Archegos incident suggest about Nomura's strategy?

• It is taking on too much risk in a single market

• It is successfully diversifying its investments

• It is focusing on domestic growth

• It is avoiding past mistakes

What is a potential risk for Japanese firms entering global markets?

• Increased domestic competition

• Repeating past mistakes

• Lack of innovation

• Over-reliance on technology