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Nomura sees investment banking fees jump 22%, but warns on deal slowdown

The Japanese bank has made senior hires in key areas this year

Nomura’s growth in investment banking fees was smaller than its US rivals amid caution around a ‘slowdown in deals executed and Japan seasonal factors’
Nomura’s growth in investment banking fees was smaller than its US rivals amid caution around a ‘slowdown in deals executed and Japan seasonal factors’ Photo: Kiyoshi Ota/Getty Images

Nomura posted a 22% uptick in investment banking revenue, but the Japanese bank warned that it had seen a slowdown in deals over the past three months.

The Japanese lender unveiled fees of ¥37.2bn ($238m) in investment banking during the three months to 30 June, as net income tripled at the bank to ¥68.9 billion ($446m).

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