KM Financial Solutions | CORRECTED-UPDATE 1-Nomura Q1 profit tumbles 91 pct on overseas unit’s losses
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CORRECTED-UPDATE 1-Nomura Q1 profit tumbles 91 pct on overseas unit’s losses

CORRECTED-UPDATE 1-Nomura Q1 profit tumbles 91 pct on overseas unit’s losses

Japanese investment bank Nomura
Holdings posted its worst quarterly performance in over
two years with a 91 percent slump in net profit, as the
wholesale division and overseas unit lost money on slow fixed
income and equities trading.

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