On September 25, 2009
Nomura’s Share Sale The Exception To A Dubious Trend
There’s not a lot of love for Japanese banks in general right now, but in Nomura’s case, you can almost hear the collective sigh of shareholder frustration. Here at BNET Finance, my colleague Alain Sherter and I have been some of the few pundits who have bothered banging on throughout the month about the phenomenon of share sales in the financial services industry and all the various potential consequences of such (you can see all the articles in the links at the bottom). Indeed, this is a trend that was largely being ignored until Nomura stepped up to the plate this week. The unprecedented attention the Japanese bank has gained is mostly a result of the humongous size of the…
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