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 ...

Nomura sees four years of overseas losses nearing an end

Oct 29, 2014

Nomura sees four years of overseas losses nearing an end

Nomura Holdings Inc. says its four years of losing money abroad may soon be over as it rebuilds businesses outside of Japan after cutting costs. Japan’s biggest brokerage is on track to achieve its goal of becoming profitable in Asia, Europe and the United ...

Mizuho beats Nomura in bond sales as spreads sink

Jul 2, 2014

Mizuho beats Nomura in bond sales as spreads sink

Mizuho Financial Group Inc. overtook Nomura Holdings Inc. as the No. 1 underwriter of corporate bonds in the first six months as yield premiums on corporate debt fell to their lowest level in eight years. The nation’s third-largest bank by market value helped underwrite ...

GPIF's $200 billion push abroad to boost inflation bid

Jun 2, 2014

GPIF's $200 billion push abroad to boost inflation bid

Prime Minister Shinzo Abe’s inflation drive may get a boost as Nomura Holdings Inc. forecasts as much as $200 billion in foreign asset purchases by Japan’s pension funds will weaken the yen. Nomura predicts a sell-off of local bonds by the $1.3 trillion Government ...