Tokyo — Japan’s biggest stockbroker Nomura has joined the growing list of banks that got burned by the meltdown at Steinhoff International. In its fiscal third-quarter earnings report on Thursday, Nomura said it booked an unrealised loss of about ¥14bn ($128m) relating to an unidentified margin loan. The loss was tied to Steinhoff, people with knowledge of the matter said, asking not to be identified discussing a private transaction. US banks disclosed more than $1bn of mark-to-market losses and charge-offs on margin loans related to Steinhoff when they reported earnings in January. UBS also booked credit losses stemming from its exposure to the retailer, a person with knowledge of the matter said last month. Other European banks are likely to be impacted as well. In 2016, Nomura was among international banks that provided a €1.5bn margin loan backed by 628-million Steinhoff shares that were pledged by then chairperson Christo Wiese. Shares of the retailer have slid more than 80% si...

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