Nomura targets up to 90% jump in core pretax income in three years
Nomura said on Tuesday it would aim for annual pretax income of ¥350 billion to ¥390 billion for its three core divisions in the year ending in March 2025.
Nomura starts offering bitcoin derivatives to clients in Asia
Japan’s biggest brokerage is offering nondeliverable forwards and nondeliverable options settled in cash, and can now trade bitcoin futures and options.
Nomura strategy in focus after retail business loses to Daiwa
The retail division posted pretax profit of ¥5.2 billion for the three months ended March 31, an 80% drop compared with the same period last year.
Nomura falls most this year after earnings and buyback disappoint
Japan’s biggest brokerage fell as much as 5.7% on Wednesday morning in Tokyo, the sharpest intraday drop since Nov. 1.
Japan SESC files more charges against SMBC Nikko and executives
SMBC Nikko said it sincerely apologizes for causing trouble and concern, and will cooperate with investigations and make efforts to regain trust.
SMBC Nikko and staff charged with market manipulation as scandal escalates
SMBC Nikko Deputy President Toshihiro Sato was also arrested for alleged market manipulation on Thursday, Tokyo prosecutors said.
Tokyo prosecutors to indict SMBC Nikko for alleged market manipulation: report
The move against the unit of Sumitomo Mitsui Financial Group Inc., the country’s No. 2 lender, will be a blow to one of Japan’s biggest brokerages and its second-largest megabank.
Daiwa prepares to boost base pay by 3% or more for first raise in four years
Prime Minister Fumio Kishida has called on firms to agree raises exceeding 3% at Japan’s annual labor-management wage negotiations in the spring.
As Japan's finance sector ends painful year, ex-Nomura banker vows to bring change
By taking effective control of Shinsei Bank Ltd., Yoshitaka Kitao is setting his sights on creating a banking alliance to rival the conservative old guard.
Morgan Stanley sees Japan assets more than double on ESG surge
It’s a global trend predicted to grow beyond $50 trillion by 2025, but cases of "greenwashing" mean companies must stay cognizant of possible risks.
SMBC Nikko and staff probed over suspicious stock transactions
Sources say Japan's regulator is investigating alleged market manipulation through repeated transactions intended to prevent the prices of certain stocks from falling.
Nomura ‘ashamed’ after legal costs spark 95% slump in profit
The pain continues for Japan’s biggest brokerage after already taking a $2.9-billion hit from its dealings with an obscure investment firm.
