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Investing.com -- Nomura Holdings (NYSE:NMR) reported a 52% increase in first-quarter net profit on Tuesday, driven by strong performance in trading and investment banking despite volatile global markets.
Japan’s top investment bank and brokerage firm posted a profit of 104.6 billion yen ($705.71 million) for the April-June period, up from 68.9 billion yen in the same quarter a year earlier.
The results build on Nomura’s record annual profit achieved in the year ending March 2025, strengthening its dominant position in the Japanese market and advancing its multi-year strategy to establish itself as a global financial player.
The company’s global markets division saw revenue grow by 7%, as market volatility triggered by proposed tariffs announced by U.S. President Donald Trump in April increased demand for macro and spread products.
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