Nomura Holdings Inc.: Bafin imposes administrative fine

On 15 October 2026, the Federal Financial Supervisory Authority (Bafin) imposed an administrative fine amounting to €320,000 on Nomura Holdings Inc. The reason for this fine was a breach of supervisory duties in connection with contraventions of the German Securities Trading Act (WpHG). During the period of UniCredit S.p.A.’s takeover bid for Commerzbank AG - specifically in May and June 2026 - Nomura Holdings Inc. failed to submit voting rights notifications relating to Commerzbank AG within the prescribed period.