Fitch changes Nomura view to negative

Fitch Ratings said it revised the outlook for Nomura Holdings, Inc. and its wholly owned subsidiaries, Nomura Securities Co., Ltd. and Nomura Financial Products & Services, Inc., to negative from stable.

Fitch also affirmed the issuer ratings, senior debt ratings and other ratings for the companies.

“The outlook revision for Nomura follows the revision of the outlook on Japan’s sovereign rating to negative from stable and the affirmation of the rating at A on July 28, 2020,” Fitch said in a press release.

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