Nomura’s Revival Faces Challenge From Ambitious Japan Megabanks

Nomura Holdings Inc. has marked its centennial with all the outward trappings of strength: a glittering new office tower, a big acquisition and slick TV commercials. Japan’s largest brokerage is...

By Takashi Nakamichi · Bloomberg

Nomura Holdings Inc. has marked its centennial with all the outward trappings of strength: a glittering new office tower, a big acquisition and slick TV commercials. Japan’s largest brokerage is posting record profits, and its stock is trading at levels unseen in more than 17 years.