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The Economic Times
The Economic Times

Global Earnings | Nomura's first-quarter profit jumps 39%, boosted by markets

Nomura Nomura Holdings Environment

Nomura Holdings booked a rise ​of 39% in first-quarter net ​income as its trading business benefited from volatile markets and ​record high stock prices boosted wealth management fees, it said on Friday.

Nomura follows major U.S. banks in posting strong trading profits as war in the Middle East has disrupted global energy flows ‌and supply ⁠chains while ⁠investor excitement over AI pushed the benchmark Nikkei to a record high in June.

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