Nomura reviews viability of swaps clearing business

OTC clearing service in Europe and US may face the chop

Nomura
Nomura: swaps clearing business under review

Nomura is reviewing the viability of its over-the-counter client clearing business in the US and Europe, a spokesperson for the bank has confirmed. A final decision on whether to exit the business is expected within the next few weeks.

The firm's clearing services in Japan are not subject to the review and will continue to be offered regardless of the fate of its international clearing businesses, according to a source familiar with the matter.

Nomura has "struggled to find clients," says a clea

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: