Nomura 3Q profits soar by 6.7 times
Japanese bank Nomura has seen its pre-tax profits for the third quarter ending December 31, 2013 rise to ¥86.9bn ($826m) — an impressive jump of 6.7 times year on year. While its retail division has contributed a large chunk to this strong results result, pre-tax profits at its wholesale arm appear to be struggling.
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