Bloomberg Business

Nomura Fined $35 Million Over Mortgage-Backed Securities

Nomura Securities International agreed to pay $35 million as part of a non-prosecution agreement with the federal government over residential mortgage backed securities trading fraud dating back more than a decade.

Here Are the Key Takeaways From Arm’s IPO Filing

SoftBank Group Corp.’s Arm Holdings Ltd. dropped a more than 300-page filing ahead of what’s expected to be the year’s biggest initial public offering, providing details about its role in the burgeoning world of artificial intelligence and machine learning.

Moving to Texas Is All the Rage, Even in the Muni-Bond Market

It seems like everything is cheaper in Texas these days as the state lures residents and companies with a lower cost of living. Even municipal debt investors are now getting a bargain after a bond boom overwhelmed demand.

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