Nomura's Q3 profit grows despite investment banking slump

  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Nomura Holdings Inc , Japan's biggest brokerage and investment bank, reported an 11% rise in quarterly net profit on Wednesday, as a partial stake sale in an affiliate offset a slump in investment banking.

Even as Nomura's investment banking business was underpinned by relatively solid dealmaking activity in Japan, it confirmed layoffs of bankers in Europe and Asia. Reuters last month reported it had cut 18 Asian banking jobs.

Kitamura said the company would stick to its strategy of beefing up its investment banking business, however.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

What to watch for when 9 Club holdings report earnings on ThursdayEarnings season for the Club will hit a fever pitch Thursday, when nine companies in Jim Cramer's Charitable Trust report quarterly results.
Källa: CNBC - 🏆 12. / 72 Läs mer »