Nomura Holdings NYSE: NMR, TYO: 8604 bankowość, finanse, inwestycje

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Nomura zakazuje palenia w pracy, nawet zdalnej

https://www.pb.pl/nomura-zakazuje-palen ... ej-1126116

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Nomura przewiduje, że 7 głównych gospodarek wejdzie w recesję

Japoński bank inwestycyjny Nomura (NYSE: NMR) opublikował w poniedziałek swoje prognozy, przewidując, że co najmniej 6 głównych gospodarek dołączy do USA, wchodząc w recesję w nadchodzącym roku. Ekonomiści Nomury pod kierownictwem Roba Subbaramana napisali, że ich zdaniem strefa euro, Wielka Brytania, Japonia, Korea Południowa, Australia i Kanada również odnotują spadek wzrostu gospodarczego. Jako głównych winowajców nadchodzącego spowolnienia wymieniają zacieśnienie polityki monetarnej, szybszą inflację i pogarszające się warunki finansowe. Ponadto „zsynchronizowane spowolnienie wzrostu” w gospodarce światowej oznacza, że kraje nie będą mogły polegać na eksporcie, aby wyjść z recesji. Zespół Nomury dodał, że Chiny mogą uniknąć kolejnego skurczu gospodarczego po wyjściu z jednego w drugim kwartale. Nomura przewiduje również, że Rezerwa Federalna będzie ciąć stopy o 0,25% na każdym posiedzeniu, począwszy od września 2023 roku, po osiągnięciu wysokiego poziomu 3,75% w lutym przyszłego roku.

https://www.paszport.ws/newsfeed

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Nomura's Q3 profit grows despite investment banking slump

TOKYO (Reuters) - Nomura Holdings (NYSE:NMR) Inc, Japan's biggest brokerage and investment bank, reported an 11% rise in quarterly net profit on Wednesday, as a partial stake sale in an affiliate offset a slump in investment banking.

Nomura's wholesale division, which houses its investment banking and trading businesses, logged a pretax loss of 1.9 billion yen ($14.58 million), its first loss since the April-June quarter of 2021.

But a 28-billion-yen gain from the partial sale of its stake in affiliate Nomura Research Institute and a recovery in the valuation of the U.S. asset management unit helped Nomura post a net profit of 66.9 billion yen ($513.51 million) for the October-December period.

The largely dismal results from Nomura come as a global investment banking fee pool more than halved from the same quarter a year earlier, according to data from analytics firm Dealogic, leading to deep job cuts at Wall Street dealmakers.

Even as Nomura's investment banking business was underpinned by relatively solid dealmaking activity in Japan, it confirmed layoffs of bankers in Europe and Asia. Reuters last month reported it had cut 18 Asian banking jobs.

"Although we have a solid amount of deals in the pipeline, they don't get finalised," Chief Financial Officer Takumi Kitamura told reporters.

Kitamura said the company would stick to its strategy of beefing up its investment banking business, however.

"We carried out job cuts in specific areas," Kitamura said, without providing details. "But we will continue to pour our resources in areas that we have competitive strengths, such as the Greentech unit," he said, referring to a merger-and-acquisition adviser in clean technology.

Kitamura said the market could bottom out "as we seem to be gaining more clarity of the pace of the U.S. Federal Reserve' interest rate hikes."

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Japan's Nomura quarterly profit dives 76% as global banking worries hit

TOKYO (Reuters) -Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported a 76% drop in its quarterly net profit as worries about a global banking crisis roiled the global markets and hit its investment banking business.

Nomura joined Wall Street investment banks such as Goldman Sachs Group (NYSE:GS) in reporting a slump in dealmaking fees as global mergers and acquisitions activity shrank to the lowest level in more than a decade in the last quarter.

"The environment was extremely severe for investment banking," Chief Financial Officer Takumi Kitamura told a news conference on Wednesday. "We are not at all satisfied with the results."

Investors grew more cautious about volatile markets as a banking crisis that started with the collapse of Silicon Valley Bank spread to Europe with the sale of Credit Suisse Group AG to its Swiss rival UBS Group AG (SIX:UBSG).

Nomura's January-March profit came in at 7.4 billion yen ($55.37 million), down from 30.96 billion yen a year earlier.

Its wholesale division, which houses its investment banking and trading businesses, sank in the red for the second consecutive quarter with a pre-tax loss of 14.2 billion yen.

Costs also ballooned at the division due to global inflation and a weaker yen. "We can't retain or hire people unless we raise salaries in this inflationary environment," Kitamura said.

For the year ended March, net profit fell 35% from the previous year to 92.8 billion yen, missing an average analyst estimate in a Refinitiv poll by 32%.

The lacklustre results throw into doubt Nomura's ambitious midterm plan announced last year, which called for annual pre-tax income of up to 390 billion yen for its three core divisions in the year to March 31, 2025.

Kitamura said the company would rein in costs mainly by streamlining legacy system infrastructure. He also expressed hopes for a comeback in deals once the markets gain more clarity about the inflation and interest rate outlooks later this year.

Nomura said it would boost its dividend payout ratio to at least 40% from 30% and buy back up to 1.1% of own shares worth 20 billion yen.

https://www.investing.com/news/stock-ma ... 76-3064481

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TOKYO (Reuters) -Nomura Holdings Inc on Tuesday reported a jump in first-quarter net profit as a strong Japanese stock market helped the country's biggest brokerage and investment bank attract money from global investors.

Renewed investor interest in Japanese stocks, driven by hopes for an end to deflation and a corporate drive for better capital use, boosted Nomura's assets under management as well as its retail client assets to record highs.

"We had a market tailwind," Chief Financial Officer Takumi Kitamura told a media briefing.

"The Bank of Japan's policy tweak, a rise in corporate action and a new tax exemption scheme for individual investors together are likely to keep the momentum going in the Japanese bond and stock markets," he said.

Nomura's April-June profit came in at 23.33 billion yen ($163.42 million) versus 1.696 billion yen a year earlier, when fears of slowing global economic growth hit financial markets and forced investment portfolio writedowns at the Japanese firm.

But the quarterly profit is a small fraction of Nomura's core pretax income target of 288 billion yen for the year to March 2025, a bullish goal for CEO Kentaro Okuda who has faced three years of profit declines since taking the top job in 2020.

In contrast to the strong gains at the retail business, Nomura's wholesale division, which houses its investment banking and trading businesses, posted a pretax profit of just 2.1 billion yen, down sharply from 25.3 billion yen a year earlier.

Fixed income trading slowed amid lower market volatility.

Meanwhile, the investment banking business saw signs of recovery with some major deals including Pattern Energy Group's 300 billion yen sale of its Japanese assets to NTT Group and JERA.

Kitamura said Nomura's plans to cut 50 billion yen of costs by March 2025 were on track, expecting to achieve about 60% of the total by the end of March next year, mainly by streamlining administrative and systems operations.

The Bank of Japan's relaxation of its cap on bond yields last week could also be "a major tailwind" to its business, as it is likely to increase market volatility, he said.