WEALTH MANAGEMENT | Cesar Tordesillas, Japan

Nomura incurs $136M net loss for April-Dec.

Nomura incurred a group net loss of US$136 million in the April to December period partly due to a slump in business for corporate customers.


It posted a 16.76 billion yen in profit a year earlier.

In the October-December third quarter alone, the company posted a group net profit of US$230.6 million, swinging back into the black after incurring a US$597.3 million net loss in the July-September second quarter, due to recovery in its business.

For the source of this story, click here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.