Nomura's Top Execs Forgo Bonuses as Profit Almost Erased

The transcript discusses Nomura's financial struggles, highlighting a 96% profit drop and challenges in international expansion, particularly in the US and Europe. The impact of Japan's negative interest rates on banking profitability is examined, along with Nomura's fluctuating international strategies. The discussion also touches on monetary policies by the ECB and BOJ, and their effects on market conditions.

What was the percentage drop in Nomura's profit, marking their first loss since the global financial crisis?

• 94%

• 50%

• 80%

• 37%

What is one of the main challenges Nomura faces in expanding into international markets?

• Lack of skilled workforce

• Regulatory hurdles

• High competition in markets like the US

• Insufficient capital

What is a significant factor affecting Nomura's ability to make money in Japan?

• Lack of technological advancement

• High inflation rates

• Negative interest rates

• Strict government regulations

What strategic issue has Nomura faced with its international operations?

• Over-reliance on technology

• Consistent growth

• Lack of market presence

• Frequent changes in strategy

What is the stance of the ECB regarding negative interest rates?

• They are beneficial for banks

• They are harmful to banks

• They are still under study

• They have no impact on banks