Feb 3, 2015

Nomura said to shrink U.S. high-grade debt unit

Nomura Holdings Inc. is retreating from U.S. investment-grade corporate credit trading after last year’s bout of volatility in fixed-income markets, two people with knowledge of the decision said. It cut a group last week that was focused on brokering the debt, including Timothy Everitt ...

Jan 29, 2015

Nomura surprises with profit surge on banking, asset management

Upending analysts’ estimates for a decline, Nomura Holdings Inc.’s third-quarter profit surged unexpectedly, led by fees from investment banking and asset management. Net income climbed 45 percent to ¥70 billion for the three months ended Dec. 31 from ¥48.3 billion a year earlier, Japan’s ...

Aug 20, 2014

Japan securities industry trying to attract youth for NISA

The securities industry is stepping up financial education for young people to promote the NISA small-lot, tax-free investment program introduced in January. The moves are intended to attract newbie investors and future customers. The Japan Securities Dealers Association plans to utilize Saturday classes at ...

Dec 16, 2013

Broker SBI upgrades with eye on high-frequency future

SBI Securities Co., Japan’s largest online broker, has upgraded its technology in anticipation of faster trading speeds in the world’s second-biggest equity market. SBI purchased a high-speed data feed this month from MarketPrizm, said Yoshitaka Kitao, president and chief executive officer of Tokyo-based parent ...

May 3, 2013

Earnings soar at five major brokerages

Earnings soared at the nation’s five largest brokerages for the year ended March 31 as investors jumped into the stock market following the fiscal spending binge and export-favoring yen drop triggered late last year by Prime Minister Shinzo Abe’s election. The five posted combined ...