Japan investment bank Nomura's quarterly net falls after lawsuit settled

Japan's top investment bank Nomura Holdings Inc said on Wednesday its quarterly net profit fell after it booked costs to settle a lawsuit with Italian bank Monte dei Paschi. 

PHOTO: BLOOMBERG

OCT 28, 20153:18 PM

[TOKYO] Japan's top investment bank Nomura Holdings Inc said on Wednesday its quarterly net profit fell after it booked costs to settle a lawsuit with Italian bank Monte dei Paschi.

Nomura said its July-September net profit was 46.6 billion yen (US$387.14 million), compared with 52.9 billion yen in the previous year.

The profit compared with a mean estimate of 11.3 billion yen from three analysts, according to Thomson Reuters data. REUTER
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