BNP Paribas Among Lenders Facing $175 Million Loss on Invexstar

  • Group of banks made loans to failed firm with one employee
  • Invexstar Capital collapsed into administration last year

BNP Paribas SA, Nomura Holdings Inc. and Morgan Stanley are among some of the world’s biggest banks facing a combined 120 million-pound ($175 million) loss on dealings with a failed bond-trading brokerage with just one employee.

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