(Reuters) - TOKYO, July 25 - Nomura Holdings Inc. , Japan's largest brokerage, posted a surprise quadrupling of quarterly net profit, helped by strong sales of investment trusts and a few big equity financing and M&A deals.
Rivals Daiwa Securities Group and Nikko Cordial Corp. are also expected to book higher profits compared with a year earlier, helped by a booming market for investment trusts, which are similar to mutual funds.
Read more at Reuters.com Market News
Rivals Daiwa Securities Group and Nikko Cordial Corp. are also expected to book higher profits compared with a year earlier, helped by a booming market for investment trusts, which are similar to mutual funds.
Read more at Reuters.com Market News
