Nomura says that it booked $2.3 billion loss tied to Archegos fallout

Nomura says that it has cleared 97% of positions related to Archegos

They are one of the worst-hit firms from the entire episode. The $2.3 billion loss ties back to the previous financial year ending March 2021. From before:

• Credit Suisse estimates CHF 600 million impact from Archegos fallout in Q2
• UBS says took $774 million hit related to Archegos fallout