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

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

NEW YORK/HONG KONG: US 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. Nomura had previously had a relationship with Hwang’s Tiger Asia Management LLC before the investment firm shut down in … Read more