Nomura Sees Dealmaking Rebound as Profit Beats Estimates

The transcript discusses mixed results in business segments, with only investment management showing profit growth. Revenue dropped slightly, especially in fixed income, despite the bank's strength in that area. The CFO expressed optimism, noting a picking up deals pipeline and potential benefits from JGB bond trading. Surprisingly, the bank is done with job cuts, contrasting Wall Street's cost-cutting trend. The future remains uncertain, and investor reactions are awaited.

Which business segment showed profit growth in the bank's financial results?

• Retail Division

• Wholesale Division

• Investment Management

• Fixed Income

What was surprising about the bank's fixed income revenue?

• It doubled

• It dropped slightly

• It remained stable

• It increased significantly

What did the CFO say about the deals pipeline?

• It is declining

• It is stagnant

• It is unpredictable

• It is picking up

How did the CFO's announcement about job cuts differ from Wall Street's expectations?

• The bank plans more cuts

• The bank is done with cuts

• The bank will increase hiring

• The bank will outsource jobs

What is the overall tone of the bank's future outlook according to the CFO?

• Uncertain

• Optimistic

• Neutral

• Pessimistic