Reported 3 months ago
Nomura Holdings Inc. reported a significant rise in profit, tripling to ¥68.9 billion ($446 million) last quarter, surpassing analysts' expectations. This surge was driven by a thriving Japanese stock market, enhancing wealth management results, and increased income from trading and investment banking. The company aims for further growth, with wealth management showing a robust 84% year-over-year increase, despite challenges in the wholesale division's cost control.
Source: YAHOO