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GC Asia
Nomura turns to structured solutions as it seeks international growth
The Japanese bank has revamped its investment banking division as it looks to boost efficiency and grow revenues following a grim first quarter and cuts in global markets.
Nomura endured a chastening first quarter (the second quarter of the calendar year), posting an outright quarterly loss in its wholesale division on the back of weakness in its international operations. The poor showing comes at an unwelcome time because after years of cuts and efficiency drives, the
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