07-May-2024
Corporate News
 
Nomura Q4 Net Profit Jumps Almost Eight Fold on Retail Income Surge
26-Apr-2024

Nomura Holdings, Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail income rose to its highest in eight years. January-March net profit was 56.8 billion yen ($363.87 million) compared to 7.3 billion yen a year earlier when worries about a global banking crisis engulfed global markets and hit Nomura's investment banking business.

News Source:- https://money.usnews.com/investing/news/articles/2024-04-26/nomura-q4-net-profit-jumps-almost-eight-fold-on-retail-income-surge
 
 
 

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