Nomura EQD revenue tumbles, America’s build up slows down

Nomura Holdings has posted a net revenue in its global markets (GM) business of JPY158.2 billion (US$1.2 billion) from January to March, which was a 3.4% decrease quarter-on-quarter (QoQ), according to its earnings report for FY21/22 ended in March. The amount reflected a recovery from the Archegos-related loss of JPY36.8 billion at GM in the prior-year period. By asset class, fixed income and equities contributed to 50.6% and 49.4% of the net revenues, respectively. Japan reported stronger r