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Nomura and RBS appeal likely to fail

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A U.S. appeals court appeared unlikely on Friday to overturn an order requiring Nomura Holdings and Royal Bank of Scotland to pay $839m for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.

C Suisse said to balk, Nomura delivers

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When private equity firm Hellman & Friedman proposed a $3.4bn refinancing for Kronos, a workforce management company, you might think much of Wall Street would line up to handle the deal. Except it didn’t.

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Nomura and RBS appeal likely to fail

A U.S. appeals court appeared unlikely on Friday to overturn an order requiring Nomura Holdings and Royal Bank of Scotland to pay $839m for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.