Japan’s Nomura says its profit triples in April-June on wealth management

TOKYO : Nomura Holdings, Japan’s largest brokerage and investment bank, reported a 195 per cent jump in first-quarter earnings on Tuesday because the rally in world markets bolstered inquire of for its wealth administration companies.

Nomura acknowledged April-June catch earnings came in at 68.9 billion yen ($446 million) versus 23.3 billion yen a yr earlier.

($1 = 154.6300 yen)