Seduced by Archegos' growth, Nomura took a chance on Hwang comeback

The story of how Hwang worked his way back in to Nomura's good graces with the promise of a lucrative trading relationship, details of which are reported here for the first time, underscores the risks Nomura was prepared to take to make headway in the world's most competitive capital market.

from Markets-Economic Times https://ift.tt/3woakq1