Nomura delivers big profit rise in quarter dogged by scandal

Quick Summary:

TOKYO :Japan's Nomura Holdings more than doubled its quarterly profit on Friday, boosted by strong performance at its wholesale and wealth management businesses during a quarter overshadowed by a bond trading scandal.

That business saw its highest pretax profit in nine years.

Japan's biggest brokerage was forced to pay a regulatory fine and temporarily lost its status as a primary dealer of government bonds.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Wholesale Management Years Wealth Business Nomura Profit York Scandal Results Quarter

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 14:13:24 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23362565

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 52 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions