Nomura said on Friday its group net profit dropped 80% in the April-June quarter from a year earlier as commission revenue from investment banking decreased sharply and profits from trading operations shrank.

Japan's largest securities brokerage by revenue reported a net profit of ¥2.32bn (€20m) in the three month period, down from ¥11.42bn in the same quarter a year earlier.

Group profit plummets at Japanese bank as trading and investment banking revenues shrink

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Nomura profit falls 80%

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