Nomura Holdings, Inc. (NRSCF)
- Reuters
Nomura sees markets revenue beating goal as brokerage courts hedge funds
Nomura Holdings is eyeing stronger revenue growth in trading, which could increase by as much as 30% over the next three years, as it makes a renewed push to grow its business serving hedge funds, its head of global markets told Reuters. A jump in revenue from buying and selling government bonds and equities this year, and new expansion plans, are putting the Japanese bank on course to beat a 20% three-year revenue growth target that Rig Karkhanis announced earlier this year. Revenue across Nomura's markets unit is up 15-20% in 2024 versus last year, Karkhanis said in a recent interview.
- Bloomberg
B. Riley Confirms Talks on Asset Deals to Cope With Debt
(Bloomberg) -- B. Riley Financial Inc., the embattled broker-dealer and investment firm, outlined preliminary plans to sell assets and round up financing to cope with its debt burden and shore up its balance sheet.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusThe Plan for the World’s Most Ambitious Skyscraper RenovationChicago Halts Hiring as
- Bloomberg
Nomura Trader Who Helped Rebuild FX and EM Desks Exits Bank
(Bloomberg) -- Kevin Connors, a key figure in the build out of Nomura Holdings Inc.’s foreign exchange and emerging markets trading business in recent years, has left the firm, according to people familiar with the matter.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the
