Nomura, RBS Seek Delay of Order to Pay U.S. Agency $806 Million

Nomura Holdings Inc. and Royal Bank of Scotland Group Plc asked to put on hold a court order to pay $806 million in damages to government-owned mortgage companies while they appeal the ruling.

  • Banks say they’ll file notice appeal on June 10
  • Nomura, RBS plan to fight ruling in case over misleading securities pitches
  • NOTE: A federal judge in New York ordered the banks to pay the full amount requested by the Federal Housing Finance