Nomura tightens risk controls at Laser Digital after crypto losses hit profits
Nomura Holdings said it will tighten risk controls at Laser Digital, its crypto unit, after losses in the business contributed to the company’s 9.7% decline in fiscal third-quarter profit, Bloomberg reported. During an earnings briefing on Friday, Nomura CEO Hiroyuki Moriuchi said the company implemented stricter position management to reduce risk exposure and limit earnings…