Nomura's fateful bet on former Tiger Asia manager Hwang's Archegos

Nomura's fateful bet on former Tiger Asia manager Hwang's Archegos

FILE PHOTO: A Nomura logo is pictured at the Japanese company's office in the Manhattan borough of New York City, New York, U.S. June 23, 2017. REUTERS/Carlo Allegri/File Photo

U.S. investor Sung Kook “Bill” Hwang was looking for a second chance on Wall Street after falling from grace and shutting his multibillion-dollar hedge fund firm. Japan’s Nomura Holdings Inc gave him one.

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