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Nomura's Q3 profit doubles on strong fixed income business
Published Tue, Jan 31, 2017 · 09:50 PM
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Tokyo
NOMURA Holdings Inc's third-quarter profit doubled as the wholesale division of Japan's biggest brokerage benefited from a jump in trading of bonds and currencies after Donald Trump's US presidential election victory.
Nomura said in a statement on Tuesday that its October-December net profit soared 99 per cent to 70.3 billion yen (S$880 million) from 35.4 billion yen in the same period a year earlier.
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