Update: Nomura's profitability beats estimates
Nomura posted a 27.7 billion yen ($303 million) July-September net profit, the largest profit in nine quarters. Nomura spoke to Euromoney about their global strategy and aim of creating a "next generation" investment bank.
Euromoney spoke with Nomura prior to today's results release.
A year after acquiring Lehman Brothers’ Asian and European businesses, Nomura says it is halfway to building a global investment bank. Few people outside the firm think it will succeed. To some, it is already the ‘other Lehman takeover’. But Nomura’s leaders are determined to win the battle.
October 28, 2009