Oct 10, 2014

Moody's boosts Nomura credit rating for first time since 2005

Nomura Holdings Inc.’s credit rating was raised by Moody’s Investors Service for the first time since November 2005 as Japan’s largest brokerage showed improved profitability. The company’s long-term rating was increased by two levels to Baa1 from the lowest investment grade of Baa3, Moody’s ...