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Nomura Holdings reported a $645 million profit but faces a crisis due to a bond trading scandal.
Nomura Holdings, Japan's largest brokerage, reported a net profit of 98.4 billion yen ($645 million) for the July-September period, marking its sixth consecutive quarter of growth.
However, the company is facing a reputation crisis due to a bond trading scandal involving price manipulation, leading to regulatory fines and a suspension of its primary dealer status.
Additionally, a former employee was arrested for robbery and attempted murder, prompting clients to withdraw business, impacting Nomura’s recovery efforts.
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Nomura Holdings reportó un beneficio de $645 millones, pero se enfrenta a una crisis debido a un escándalo de comercio de bonos.