Softbank’s new unit, “SB Northstar”, set up to play the market in tech stocks reveals that it has racked up trading losses of $3.7bn so far
https://www.ft.com/content/0edb7c17-58e6-4ded-acfa-1822440a926c Until now, SoftBank has shrouded the unit in secrecy, declining to say who was in charge of the unit or what its decision-making process was, after the FT revealed that it was the so-called “Nasdaq whale” buying billions of dollars of derivatives on US tech stocks over the summer. SoftBank said in August that … Read more