Nomura still betting on global expansion to lift profit, despite Archegos hit

Fat chance... Nomura will probably follow the same old route that they've done before, hire a bunch of people then a few months late fire them again citing losses and thus satisfying their Shareholders that they are taking action... but in essence, the real culprits are just in Job Security mode - they however, are the ones whom should be fired. Sadly, this is such - the Japanese Corporate Culture way.