• Reuters

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Nomura Holdings Inc., Japan’s biggest brokerage, said it slid to its first quarterly net loss since 2011 as its wholesale division fell into the red, its retail division weakened and its overseas operations lost money for a sixth straight year.

Two weeks after it warned it would cut some overseas jobs and operations, Nomura on Wednesday booked a fourth-quarter net loss of ¥19.2 billion, compared with a net profit of ¥82.0 billion a year earlier. The loss included a ¥16 billion charge for redundancy packages.

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