Apr 22, 2016

Nomura eliminates 32 jobs in Big Apple

Nomura Holdings Inc., the nation’s biggest brokerage, has cut 32 jobs in New York City. The bank disclosed the figures in a so-called Warn notice dated Tuesday and posted on the state Labor Department’s website. The Tokyo-based company is eliminating 60 jobs outside Japan, ...

Dec 21, 2015

Nomura to buy stake in American Century Investments

Nomura Holdings Inc., the nation’s biggest brokerage, plans to pay about $1 billion for a stake of about 40 percent in U.S. money manager American Century Investments, according to a person familiar with the matter. The purchase from Canadian Imperial Bank of Commerce (CIBC) ...

Mar 18, 2015

SMBC Nikko targets Nomura with global investment banker hiring

Sumitomo Mitsui Financial Group Inc. is hiring staff at its investment banking unit as it competes with more established names such as Nomura Holdings Inc. for bond and share deals. SMBC Nikko Securities Inc., which started operations in 2009, was the second-largest underwriter of ...

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 ...

Jan 20, 2015

Nomura to raise pay for 3,700 workers at brokerage unit

Nomura Holdings Inc. on Tuesday said it will raise pay for about 3,700 employees at its domestic brokerage unit to attract and retain staff, and to support the economy. Base pay at Nomura Securities Co. will climb an average 2.3 percent from April, said ...